insolvency practitioner Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “insolvency practitioner” in the English Dictionary

"insolvency practitioner" in Business English

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insolvency practitionernoun [C]

uk   us  
FINANCE, ACCOUNTING, LAW in the UK, a ​person or ​company that is ​legally able to ​help a ​company or ​organization that does not have enough ​money to ​paydebts, ​buygoods, etc.: The ​insolvencypractitionerhandling my affairs says I must ​sell our ​home in ​order to ​pay off the ​companydebts.
(Definition of insolvency practitioner from the Cambridge Business English Dictionary © Cambridge University Press)
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