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insolvency vs bankruptcy

bankruptcy vs insolvency

insolvency and bankruptcy both are nouns.

Word NounAdjectiveVerbAdverb
insolvency Yes No No No
bankruptcy Yes No No No
As nouns, bankruptcy is a hyponym of insolvency; that is, bankruptcy is a word with a more specific, narrower meaning than insolvency:
  • insolvency: the lack of financial resources
  • bankruptcy: inability to discharge all your debts as they come due
Other hyponyms of insolvency include failure.
insolvency (noun) bankruptcy (noun)
the lack of financial resources a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
inability to discharge all your debts as they come due
a state of complete lack of some abstract property
Difference between insolvency and bankruptcy

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