noun
insolvency; excess of liabilities over assets
A financial state where total debts exceed total assets. Used in legal, accounting, and business contexts.
その会社は債務超過に陥り、倒産手続きを始めた。
The company fell into insolvency and began bankruptcy proceedings.
債務超過の状態が続くと、取引先からの信用を失う。
If the state of excess liabilities over assets continues, you will lose the trust of business partners.