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insolvent

[in-sol-vuhnt]

Example Sentences Origin

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adjective

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.

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noun

a person who is insolvent.

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Origin:
1585–95; in-³ + solvent

Synonyms
1. penniless, destitute, impoverished, bankrupt.

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Link To insolvent

Example Sentences

In the past, insolvent charities simply closed their doors.

Remember, the system was about to collapse and they needed the public coffers to keep an insolvent private banking industry alive.

The four biggest banks are off limits, being wholly state-owned, and are in any case insolvent.

EXPAND

In the past, insolvent charities simply closed their doors.

Remember, the system was about to collapse and they needed the public coffers to keep an insolvent private banking industry alive.

The four biggest banks are off limits, being wholly state-owned, and are in any case insolvent.

In the old days, bank runs would start when people grew fearful that a bank was insolvent.

Under these rules, several banks would be insolvent without more capital.

Norway probably avoided a worse fate by acting swiftly once it was clear that its biggest banks were insolvent.

As home prices fell and loan losses mounted, more of the shadow system became insolvent.

Its auditors judged that if the transaction went ahead the company would become technically insolvent.

It means, among other things, that the big four are technically insolvent.

If they honestly admitted the market value of the loans, shares and property they hold, many would be insolvent.

Negative equity does not reduce homeowners' mobility when people are insolvent or willing to default.

It is continuing to wind up the corrupt and largely insolvent pension funds.

At this point in our story, household balance sheets are tanking, and banks are insolvent.

It is time for insolvent countries to restructure their debts.

In addition he had sold stock in the concern, knowing that the union was insolvent.

Louis-based company insolvent and led to its bankruptcy filing earlier this year.

Ireland's problems stem largely from its insolvent banks.

Such an infusion would greatly reduce the chances that the company would be declared insolvent.

Instead of runs on a few insolvent banks, he caused the whole system to freeze up because then every bank was suspect.

If a bank cannot raise the capital to offset its losses, it should be deemed insolvent and temporarily nationalised.

The bill includes the cost last year of guaranteeing all the bad loans of one insolvent bank before it was sold to a.

Greece is insolvent and the only meaningful discussion is about who is going to pay.

In effect, banks are insolvent all the time under a fractional reserve system.

Meanwhile, an insolvent banking system needs to be recapitalised.

Most of these countries are either insolvent or well on their way.

COLLAPSE

Collins

World English Dictionary

insolvent (ɪnˈsɒlvənt)

—*adj*
1.	(of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt
2.	of or relating to bankrupts or bankruptcy

—n
3.	a person who is insolvent; bankrupt

in'solvency

—n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source

Etymonline

Word Origin & History

insolvent

1591, "unable to pay one's debts," from in- "not" + L. solventem "paying" (see solvent). Originally of one who was not a trader; only traders could become bankrupt.

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insolvent

in·sol·vent