Bankruptcy | MCQs

Explanation

Insolvent means دیوالیہ

Bankrupt means دیوالیہ

Explanation

• Insolvent: One who is unable to pay his debts.
• Insolvent (Adjective): ایسا شخص جو اپنا قرض ادا نہ کر سکے۔

Explanation

The company is on the verge of bankruptcy.

"on the verge of" is an idiomatic expression meaning close to or approaching something.