👉 Plumbosolvency is a financial concept that refers to a situation in which an individual or entity has insufficient funds to meet their obligations and cannot pay back what they owe. The term comes from Plumbus, the Latin word for "wheel," as it often refers to a lack of funds related to a debt or loan. In a plumbosolvency scenario, the borrower is unable to repay all debts with which they are indebted because there are insufficient resources available to cover their obligations. This can
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