This is the 1412th most frequent German word.
insolvenz
"Insolvenz" means "insolvency," the inability to pay debts.
Here, 'Insolvenz' denotes the legal or financial state of a company being unable to pay its debts.
Die Firma befindet sich in Insolvenz.
The company is in insolvency.
In this sentence, 'Insolvenz' is used to describe the action of officially declaring the state of insolvency.
Nach langer Überlegung meldete das Unternehmen schließlich Insolvenz an.
After much consideration, the company finally declared insolvency.
In this context, 'Insolvenz' is mentioned as the cause of further consequences, emphasizing its impact.