Word Details

Insolvency

Noun Hard
English: The state of being unable to pay debts owed by an individual or company.
Explanation: A financial state where liabilities exceed assets, and one cannot meet financial obligations.

दिवालियापन, ऋणशोधन अक्षमता

1

"The company declared insolvency after several years of accumulating losses."

Bankruptcy financial ruin destitution collapse
Solvency prosperity wealth affluence

"In" (not) + "solve" (to fix/pay). You *cannot solve* your debt problems.

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