Insolvenzmasse

insolvency estate

noun in-zol-VENTS-mah-seh Rare

Also means

bankruptcy estate

Usage Note

Insolvenzmasse is the pool of assets available to satisfy creditors' claims once insolvency proceedings are opened. The Insolvenzverwalter (administrator) takes control of the Insolvenzmasse and distributes it according to the creditor hierarchy.

Examples

"Die Insolvenzmasse reichte nicht aus, um alle Gläubiger vollständig zu befriedigen."

Natural Translation

The insolvency estate was insufficient to satisfy all creditors in full.

Literal Translation

The insolvency-estate sufficed not out, to all creditors fully to satisfy.

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