No. 1,412 in German
insolvenz
"Insolvenz" means "insolvency," the inability to pay debts.
In a sentence
Die Firma befindet sich in Insolvenz.
The company is in insolvency.
Here, 'Insolvenz' denotes the legal or financial state of a company being unable to pay its debts.
Nach langer Überlegung meldete das Unternehmen schließlich Insolvenz an.
After much consideration, the company finally declared insolvency.
In this sentence, 'Insolvenz' is used to describe the action of officially declaring the state of insolvency.
Die Folgen der Insolvenz führten zu zahlreichen Entlassungen.
The consequences of the insolvency led to numerous layoffs.
In this context, 'Insolvenz' is mentioned as the cause of further consequences, emphasizing its impact.
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