practical insolvency

English - English

Definition of practical insolvency in English English dictionary

absence of the ability to repay debts but has not yet officially declared bankruptcy

Hyphenation

prac·ti·cal in·sol·ven·cy

Turkish pronunciation

präktıkıl însälvınsi

Pronunciation

/ˈpraktəkəl ənˈsälvənsē/ /ˈpræktəkəl ɪnˈsɑːlvənsiː/