maksmisvõimetuse
Maksmisvõimetus, also known as insolvency, refers to a state where an individual or entity is unable to meet their financial obligations. This typically arises when liabilities exceed assets, or when current cash flow is insufficient to cover debts as they become due. Insolvency can affect both natural persons and legal entities, such as companies.
For individuals, maksmisvõimetus can lead to severe financial distress, impacting their ability to pay for essential
For companies, insolvency often signals the end of operations, though restructuring and recovery may be possible