insolvency

listen to the pronunciation of insolvency
English - Turkish
i., huk. aciz hali
{i} borcunu ödeyememe
(Ticaret) tasfiye
batma
ödeme güçsüzlüğü
iflas
acizlik
(Ticaret) ödeme aczi

Related Terms

insolvency administrator
iflas yönetici
insolvency clause
(Sigorta) ödeme güçlüğü
insolvency of debtor
(Kanun) borçlunun aczi
decree of insolvency
(Ticaret) iflas kararı
English - English
The condition of having more debts than assets
Insufficiency to discharge all debts of the owner; as, the insolvency of an estate
The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency
A legal determination occurring when a managed care plan no longer has the financial reserves or other arrangements to meet its contractual obligations to patients and subcontractors
Condition of a person who is unable to pay his or her debts as they fall due
A legal determination occurring when a contracted entity no longer has the financial capacity to meet its contractual obligations
Defined alternatively as having insufficient assets to meet all debts, or being unable to pay debts when they are due
a condition in which a debtor is unable to pay his or her creditors
When a health plan has no money or other means to stay open and give health care to patients
This has both legal and accounting meanings, but describes a person, business or incorporation that while not bankrupt cannot meet certain stan­dards of financial viability The BIA defines an insolvent person as one who cannot pay his or her debts as they fall due, has stopped paying his or her debts, or whose assets could not cover his or her debts
When one is not able to pay one's debts as they fall due The Insolvency Act may provide protection from an insolvent debtor's creditors, enabling them to put their affairs in order
In the case of insurance, insolvency means that companies do not have sufficient funds in their reserves to pay claims If a company appears to be at risk for insolvency, the Texas Department of Insurance (TDI) will advise the company to take measures to increase their reserve funds These measures can include such things as raising rates, adjusting the company's investment portfolio, and soliciting investment in the company If the company fails to improve its situation, the TDI can intervene by court order and take control of that company's operations If all else fails, the final step is liquidation Using this last resort, the TDI will dissolve the company and sell off all of its assets to pay the claims
Technically, the financial condition of an enterprise whose liabilities exceed its assets, or which is unable to pay its debts as they mature Financing an insolvent client requires specialized lending expertise, particularly if insolvency leads to bankruptcy Bankruptcy tends to be the path followed by insolvent companies, but it may actually open up alternative financing opportunities
A situation that occurs when an organization's assets or resources are not adequate to cover its debts and obligations
the lack of financial resources
Inability to repay debt
Insolvency is the state of not having enough money to pay your debts. companies on the brink of insolvency. Condition in which liabilities exceed assets so that creditors cannot be paid. It is a financial condition that often precedes bankruptcy. In the context of equity, insolvency is the inability to pay debts as they become due; insolvency under the balance-sheet approach means that total liabilities exceed total assets
Describes the condition of a borrower who cannot pay his or her debts
The act of being insolvent - being unable to meet your obligations as they become due
(1) The inability of a business organization to pay its financial obligations as they come due (2) For an insurer, the inability to maintain capital and surplus above the minimum standard of capital and surplus required by law
The inability of an individual or entity to pay its debts when they are due
an excess of liabilities over assets or inability to pay debts as they fall due
Long-term inability of a debtor to repay the debt In terms of an individual enterprise, insolvency almost always results in collapse of the economic entity of the debtor
The result of debts being equal to or greater than assets
{i} bankruptcy; condition of being impoverished, inability to pay one's debts
The point at which a borrower becomes unable to pay its debts or declares bankruptcy
when a debtor cannot meet financial obligations, and his or her assets are not sufficient to meet those obligations, even after liquidation
Condition of a person who is unable to pay his debts as they fall due
Condition of a person unable to pay debts as they fall due
The inability of a borrower to meet financial obligations as they mature, or having insufficient assets to pay legal debts
A financial condition in which a taxpayer's total liabilities (debts owed) exceed the total fair market value of all his or her assets (cash and other property) A taxpayer is insolvent to the extent his or her liabilities exceed his or her assets

Related Terms

ınsolvency
{n} an inability to discharge debts
absolute insolvency
lack of any ability to pay off debts
insolvencies
Plural of insolvency
practical insolvency
absence of the ability to repay debts but has not yet officially declared bankruptcy
insolvency

    Hyphenation

    in·sol·ven·cy

    Turkish pronunciation

    însälvınsi

    Antonyms

    solvency

    Pronunciation

    /ənˈsälvənsē/ /ɪnˈsɑːlvənsiː/

    Etymology

    () insolvent +‎ -cy
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