insolvency
noun[UorC]
finance & economics,lawspecializeduk/ɪnˈsɒl.vən.si/us/ɪnˈsɑːl.vən.si/(especiallyof acompany) theconditionof not having enoughmoneytopaydebts,buygoods, etc., or anoccasionwhen thishappens:
(尤指公司)破产Thecountrywillfaceinsolvencyunlessthegovernmentadoptscost-cuttingmeasures.这个国家将面临破产,除非政府采取措施削减开支。
Analysts arepredictingthatcorporateandpersonalinsolvencies couldstartrisingnextyear.分析家预测下一年企业及个人破产情况可能会开始增多。
See
insolvent
- Agrowingnumberofcompaniesin thecountryareaffectedby insolvency andredundancy.
- Repossessions,bankruptciesand insolvencies arealmostcertaintocontinuetorise.
- Thecompanyhasaskedacourttobegininsolvencyproceedings.