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insolvent
01
insolvent, zahlungsunfähig
incapable of fulfilling financial obligations due to a lack of money
Example
The company became insolvent after several poor financial decisions.
The insolvent firm had to negotiate with creditors for a settlement.
He realized he was insolvent when he could n’t pay his bills.
Insolvent
01
insolvent, Pleitegeier
someone who has insufficient assets to cover their debts
Beispiel
The company became insolvent after several poor financial decisions.
The insolvent firm had to negotiate with creditors for a settlement.
He realized he was insolvent when he couldn’t pay his bills.
The government intervened to help the insolvent banks stabilize the economy.
Being declared insolvent meant they had to restructure their debt.
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