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Insolvency

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12y ago

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Related Questions

What is the abstract noun for bankrupt?

The abstract noun form of the verb 'bankrupt' is bankruptcy.The noun 'bankrupt' is an concrete noun as a word for a person who has officially admitted that they have no money and cannot pay what they owe, or judged insolvent by a court.


Can minor be declared insolvent?

can minor be insolvent


what disadvantage of buying insolvent estates?

An insolvent estate is one with no value to it. The debts are greater than the assets. Therefore, it does not make sense to purchase an insolvent estate.


What sentence using word insolvent?

A bank that can not pay its account holders when they request payment is insolvent.


Can a company be declared as insolvent under companies act 1956?

No. It can be wound up. In India, only individuals can be declared insolvent.


Is US bankrupt?

No. Nor is it insolvent.


What is an antonym fro solvent?

insolvent


Is America insolvent?

NO! A sovereign country with it's own currency cannot actually become insolvent in the way that a an individual, a household, or a corporation can.


Using insolvent in a sentence?

Carla just went into insolvent because she couldn't repay her $400, 000 loan. or My sister is in her first year of college, she would be insolvent if my parents weren't paying the bills.


What is the opposite of solvent?

The opposite of solvent is insolvent. Insolvent refers to a person or organization that is unable to pay debts owed.


What is a synonym for insolvent?

Broke, bankrupt, penniless


Can a company still trade if insolvent?

A company can not still trade while insolvent. If a company does trade during this time the directors of the company can become responsible for the debts.