noun
US/ɪnˈsɑːl.vən.si/
UK/ɪnˈsɒl.vən.si/
the state of having no money to pay what you owe
In context
The company announced its insolvency after losing its biggest customer.
Short entry. Full notes coming.
the state of having no money to pay what you owe
The company announced its insolvency after losing its biggest customer.
Short entry. Full notes coming.