insolvency

UK/ɪn'sɒlv(ə)nsɪ/US/in'sɒlvәnsi/

GREC1

Definitions

The state of being unable to pay one's debts; bankruptcy

无力偿债，破产

Root Breakdown

Root-derived

in-not, opposite of

solvloosen, release, dissolve

-encyto put into, to cause

=insolvency

in- (not) + solv (loosen/discharge) + -ency (state). The state of not being able to loosen (pay off) one's debts. A standard legal and financial term.

Root solv still carries 42 more words

Common Collocations

1.file for insolvency申请破产
2.insolvency law破产法
3.insolvency proceedings破产程序
4.face insolvency面临破产

Example Sentences

1.
The firm filed for insolvency after months of mounting losses.
2.
New insolvency laws aim to protect small creditors.

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