One of the mysteries of the English language finally explained.
(of a company) cease to meet its financial obligations as a result of insolvency or insufficient funds.
- ‘Wracked by civil wars, Mexico suspended payment on its international loans in 1861 and in retaliation a joint Anglo-Spanish-French force seized Vera Cruz.’
- ‘It followed that the debt, evidenced by the receipt, had not matured when the merchant suspended payment.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.