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BP B2 unit 3.1
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unable to pay debts
insolvent
to stop from happenning
to prevent
to rescue or assist someone or something out of a difficult situation
to bail out
ability to pay back debt
credit rating
to happen, to take place
to occur
very fast
rapid
to go down
to decline
to lose a job due to reasons beyond sb's control
to be laid off
to be legally declared unable to pay your debts
to go bankrupt
a sudden, rapid, and often uncontrollable decline in value, stability, or status
a freefall
moving at an even, predictable pace
steady
saving money, not wasteful
economical
related to economy
economic
all over the world
worldwide
very intense, serious
severe
to result in sth
to lead to sth