Insolvency refers to the financial state in which an individual or a company cannot meet their financial obligations to lenders. It's like losing a game of musical chairs where all the chairs are your debts!
An insurance premium is the amount of money an individual or business pays for an insurance policy, which can cover various aspects like healthcare, automotive, home, and life insurance.
An interbank deposit is a financial arrangement in which one bank holds funds for another. It is an integral part of the banking system that supports liquidity and stability.