die Insolvenz
Translation
insolvency, bankruptcy
Examples
Die Firma meldete Insolvenz an.
The company filed for insolvency.
Viele Gläubiger sind von der Insolvenz betroffen.
Many creditors are affected by the insolvency.
Grammar Patterns
Insolvenz anmelden to file for insolvency Die Firma musste Insolvenz anmelden.
Similar Words
Synonyms: Bankrott, Pleite, Zahlungsunfähigkeit; Antonyms: Solvenz, Zahlungsfähigkeit.
Etymology
From Latin 'in-' (not) + 'solvens' (paying), literally 'not paying'. Related to the English word 'solve'.
Memory Tips
Think 'IN-SOLV-ent': you are IN a situation you cannot SOLVE financially.