nonsolvency (Meaning)
Webster
nonsolvency (n.)
Inability to pay debts; insolvency.
Synonyms & Antonyms of nonsolvency
No Synonyms and anytonyms found
nonsolvency Sentence Examples
- The company's deteriorating financial situation has raised concerns about its nonsolvency.
- The auditor refused to sign off on the financial statements due to the company's apparent nonsolvency.
- The bank imposed a freeze on the company's assets due to its nonsolvency.
- The government initiated insolvency proceedings against the nonsolvent corporation.
- The shareholders realized significant losses due to the company's nonsolvency.
- The court appointed a receiver to manage the assets of the nonsolvent entity.
- The company's debts exceeded its assets, rendering it nonsolvent.
- The company's financial obligations overwhelmed its ability to generate revenue, leading to its nonsolvency.
- The economic downturn exacerbated the company's pre-existing financial difficulties, pushing it into nonsolvency.
- The company's inability to secure additional financing sealed its fate as a nonsolvent entity.
FAQs About the word nonsolvency
Inability to pay debts; insolvency.
No synonyms found.
No antonyms found.
The company's deteriorating financial situation has raised concerns about its nonsolvency.
The auditor refused to sign off on the financial statements due to the company's apparent nonsolvency.
The bank imposed a freeze on the company's assets due to its nonsolvency.
The government initiated insolvency proceedings against the nonsolvent corporation.
