insolvent
not solvent; unable to satisfy creditors or discharge liabilities, either because liabilities exceed assets or because of inability to pay debts as they mature.
pertaining to bankrupt persons or bankruptcy.
a person who is insolvent.
Origin of insolvent
1Other words for insolvent
Words Nearby insolvent
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use insolvent in a sentence
Soon the nation would have no choice but to declare itself insolvent, instigating a battle with the dozens of banks and creditors that held its $8 billion in debt and triggering austerity measures that would spiral the island into further poverty.
Barbados Resists Climate Colonialism in an Effort to Survive the Costs of Global Warming | by Abrahm Lustgarten | July 27, 2022 | ProPublicaEvan Chesler, one of Musk's attorneys, said at the hearing that the deal was not a bailout and that SolarCity is far from insolvent and that its finances are similar to those of many high-growth companies.
Tesla investors urge judge to order Musk repay $13 bln for SolarCity deal | noreply@blogger.com (Unknown) | January 19, 2022 | TechCrunchThe plan was declared insolvent and placed in receivership in 2017.
Rich Investors Stripped Millions From a Hospital Chain and Want to Leave It Behind. A Tiny State Stands in Their Way. | by Peter Elkind | February 4, 2021 | ProPublicaThe money was instead deposited into accounts tied to the previous owners, leaving the new owners with few options as they tried to keep the facilities from becoming insolvent.
How the CARES Act Forgot America’s Most Vulnerable Hospitals | by Brianna Bailey, The Frontier | January 26, 2021 | ProPublicaWhen it collapsed in June, pressure to overhaul the index mounted as existing rules didn’t allow for the benchmark’s first-ever insolvent member to be ejected right away.
Reeling from the Wirecard scandal, Germany’s DAX is getting its largest overhaul ever | kdunn6 | November 24, 2020 | Fortune
For more than a year now, little Greece has been insolvent after its politicians recklessly piled up $467 billion in debt.
"Your claim is with a hopelessly insolvent company," he told Gettelfinger.
The truth, as many experts have maintained, is that the leading banks are insolvent, and have been so for more than a year.
As we have seen over the last 18 months, the latter is what near- insolvent banks do.
And the reality is, if the subprime securities are truly trash, most of the big banks are troubled and some are insolvent.
Now men laughed at him, pointed to him with their fingers, and made their children mock and hoot the penniless insolvent.
Unless the maker of a note is insolvent, a bank can never pay the unmatured note of a depositor.
Putnam's Handy Law Book for the Layman | Albert Sidney BollesSganerelle demands the payment of his wages from his henceforth insolvent master.
Charles Baudelaire, His Life | Thophile GautierOld Strang died insolvent; he used to gamble, had ruined himself without saying a word.
The Nabob | Alphonse DaudetAnd Rembrandt died insolvent, while Sir Godfrey amassed a fortune!
Art in England | Dutton Cook
British Dictionary definitions for insolvent
/ (ɪnˈsɒlvənt) /
(of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt
of or relating to bankrupts or bankruptcy
a person who is insolvent; bankrupt
Derived forms of insolvent
- insolvency, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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