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View usage for: (ɪnsɒlvənt) adjective [usually verb-link ADJECTIVE]A person or organization that is insolvent does not have enough money to pay their debts. [business, formal] The bank was declared insolvent. Synonyms: bankrupt, ruined, on the rocks [informal], broke [informal] More Synonyms of insolvent insolvent in British English (ɪnˈsɒlvənt) adjective1. (of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt 2. of or relating to bankrupts or bankruptcy noun3. a person who is insolvent; bankrupt Derived forms insolvency (inˈsolvency) noun insolvent in American English (ɪnˈsɑlvənt) adjective1. not solvent; unable to pay debts as they become due; bankrupt 2. not enough to pay all debts an insolvent inheritance 3. of insolvents or insolvency (ɪnsɒlvənt) adjective( Finance: General) If you are insolvent, you do not have enough money to pay your debts. The company was unable to pay its debts and was declared insolvent. He was required to declare himself an insolvent debtor. If you are insolvent, you do not have enough money to pay your debts. insolvency (ɪnsɒlvənt) adjective( Accounting: Basic) If you are insolvent, you do not have enough money to pay your debts. The bank was declared insolvent and closed in December. He was required to declare himself an insolvent debtor, to detail all of his debts, and to hold goods valued at no more than $20. If you are insolvent, you do not have enough money to pay your debts. Examples of 'insolvent' in a sentenceinsolvent What if my company is insolvent?Last year he took over an insolvent company where the staff were about to lose their jobs.One person a minute is being declared insolvent or going bankrupt.What contingency plans exist were it to become insolvent?The number of people being declared insolvent has risen by more than a fifth.Many of the banks are still insolvent and this has not been addressed.It could still lead to the masking of a bank being insolvent.If you have a mortgage with a bank that becomes insolvent your savings will be deducted from your debts.It is not unusual for an administrator to be appointed to an insolvent company following a period as an adviser.It said it would declare itself insolvent, blaming high fuel costs for its losses.The company is technically insolvent thanks to the scheme's huge liabilities.Executives have called a works council meeting on Monday before formally declaring the company insolvent.Many of the world's banks are technically insolvent.At the time of the valuation he had been an employee of a firm that had since become insolvent and had no insurance cover.THE number of people declared insolvent has risen for the first time in more than a year.A record number of people will become insolvent next year, a leading accountancy firm has predicted.A company is insolvent when it is unable to meet the demands of all its creditors by selling all its assets for cash.This ensures that, if the manager becomes insolvent, client money can easily be identified and returned.It may also cause some hospitals to fail, or become insolvent, if patients vote with their feet to go elsewhere.From here on in, it's going to be a rough ride for many individuals and the numbers going insolvent will rise.If the insurer goes insolvent, the member is eligible for compensation from the FSCS.If the employer goes insolvent, the scheme is eligible for compensation from the PPF. In other languagesinsolvent British English: insolvent ADJECTIVE A person or organization that is insolvent does not have enough money to pay their debts. The bank was declared insolvent. - American English: insolvent
- Brazilian Portuguese: insolvente
- Chinese: 无清偿能力的
- European Spanish: insolvente
- French: insolvable
- German: insolvent
- Italian: insolvente
- Japanese: 支払不能の
- Korean: 지불 불능의
- European Portuguese: insolvente
- Latin American Spanish: insolvente
Definition unable to pay one's debts Two years later, the bank was declared insolvent. Synonyms ruined on the rocks (informal) failed gone bust (informal) in receivership gone to the wall in the hands of the receivers in queer street (informal) Additional synonymsDefinition having no money I'm as broke as you are. Synonyms penniless, short, ruined, bust (informal), bankrupt, impoverished, in the red, cleaned out (slang), insolvent, down and out, skint (British, slang), strapped for cash (informal), dirt-poor (informal), flat broke (informal), penurious, on your uppers, stony-broke (British, slang), in queer street (informal), without two pennies to rub together (informal), without a penny to your name - insolent
- insoluble
- insolvency
- insolvent
- insomnia
- insouciance
- insouciant
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