Debt And Credit Vocabulary

verb Paying is a verb that refers to giving money in exchange for goods or services.

• The company is currently paying all its employees on a bi-weekly basis.
• I hate paying bills every month, it's such a hassle.
• I'm tired of paying for everything, let's split the cost this time.
• Success is like paying your dues - you have to put in the work before you see results.

noun a word that refers to a person, place, thing, event, substance, or quality

preposition a word that shows the relationship between a noun (or pronoun) and other words in a sentence

article a word that is used to point out or refer to a noun

• The act of insolvency occurs when a company is unable to pay its debts.
• When a company can't pay its bills, that's considered an act of insolvency.
• If a business is broke and can't settle its debts, it's in the act of insolvency.
• His reckless spending was the final act of insolvency that led to his financial downfall.