Business A-Level
Insolvency
What Insolvency means in Business A-Level, as defined for Pearson Edexcel.
Definition of Insolvency
When a business is unable to pay its debts as they fall due.
Topics that use Insolvency
- Managing finance (Pearson Edexcel A-Level)
Related terms
Using Insolvency in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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