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insolvent

[in-sol-vuh nt] /ɪnˈsɒl vənt/
adjective
1.
not solvent; unable to satisfy creditors or discharge liabilities, either because liabilities exceed assets or because of inability to pay debts as they mature.
2.
pertaining to bankrupt persons or bankruptcy.
noun
3.
a person who is insolvent.
Origin of insolvent
1585-1595
1585-95; in-3 + solvent
Synonyms
1. penniless, destitute, impoverished, bankrupt.
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Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for insolvent

insolvent

/ɪnˈsɒlvənt/
adjective
1.
(of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt
2.
of or relating to bankrupts or bankruptcy
noun
3.
a person who is insolvent; bankrupt
Derived Forms
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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Word Origin and History for insolvent
adj.

1590s, "unable to pay one's debts," from in- (1) "not" + Latin solventem "paying" (see solvent). Originally of one who was not a trader; only traders could become bankrupt.

Online Etymology Dictionary, © 2010 Douglas Harper
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