Also means
inability to pay
Usage Note
Zahlungsunfähigkeit is the legal state of being unable to meet financial obligations as they fall due. It is the primary trigger for Insolvenzantrag (insolvency petition). Distinct from Überschuldung (over-indebtedness).
Examples
"Die Firma musste wegen Zahlungsunfähigkeit Insolvenz anmelden."
Natural Translation
The company had to file for insolvency due to inability to pay.
Literal Translation
The firm had to because-of inability-to-pay insolvency declare.
Related Words
Explore German by topic