Insolvency - English meaning

noun

The process or activity of running a business, organization, etc.

Usage examples:

The day-to-day administration of the company

noun

The management or control of an organization

Usage examples:

[ u ] he’s studying business administration., [ c ] the clinton administration has been full of sur…

noun

The activity of managing or dealing with a business activity

Usage examples:

Administration of the scheme is costly in terms of time., she studied business administration at ne…

noun

The state of being bankrupt.

Usage examples:

Many companies were facing bankruptcy

noun

The inability to pay your debts, or a particular example of this, involving the sale of your property or some other arrangement to pay as much as possible of the money you owe

Usage examples:

[ u ] if sales don’t improve, we’ll have to declare bankruptcy within a year.

noun

A situation in which a business or a person becomes unable to pay their debts, and is officially bankrupt

Usage examples:

Be on the brink/verge of bankruptcy the country's largest automaker is rumored to be on the brink o…

noun

A state of extreme poverty.

Usage examples:

They have no benefits to stand between them and beggary

noun

Lack of success.

Usage examples:

An economic policy that is doomed to failure

adjective

(of a piece of furniture or equipment) able to be bent or rearranged into a flatter or more compact shape, typically in order to make it easier to store or carry.

Usage examples:

A folding chair

verb

Bend (something flexible and relatively flat) over on itself so that one part of it covers another.

Usage examples:

Sam folded up the map

verb

Shut (livestock) in a fold.

noun

The process of liquidating a business.

Usage examples:

The company went into liquidation

noun

A situation in which a company stops operating and sells all its assets in order to pay its debts

Usage examples:

Go into liquidation after three years of heavy losses the company went into liquidation with debts …

noun

The state of being very poor; extreme poverty.

Usage examples:

He couldn't face another year of penury

noun

The state of being extremely poor

noun

The state of being dealt with by an official receiver.

Usage examples:

The company went into receivership last week

noun

A situation in which a bankrupt company is under the control of a receiver

Usage examples:

Within hours of the business going into receivership, a bid was made for its wholesale business., c…

noun

The physical destruction or disintegration of something or the state of disintegrating or being destroyed.

Usage examples:

A large white house falling into gentle ruin

verb

Reduce (a building or place) to a state of decay, collapse, or disintegration.

Usage examples:

The castle was ruined when dynamite was used to demolish one of the corner towers

verb

To spoil or destroy something

Usage examples:

It would be a shame to ruin such a beautiful place., that guy isn’t going to ruin my life.

noun

The action or fact of ruining someone or something or of being ruined.

Usage examples:

Commercial malpractice causes the ruination of thousands of people

noun

Destruction

Usage examples:

Alcohol was the ruination of him.