insolvent

adjective
in·sol·vent | \ (ˌ)in-ˈsäl-vənt , -ˈsȯl- \

Definition of insolvent 

1a : unable to pay debts as they fall due in the usual course of business

b : having liabilities in excess of a reasonable market value of assets held

2 : insufficient to pay all debts an insolvent estate

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Other words from insolvent

insolvent noun

Examples of insolvent in a Sentence

Recent Examples on the Web

Many of the plans could become insolvent over the next 20 years. Joel Naroff, Philly.com, "The looming retirement crisis for public and private employees," 12 July 2018 The report from program trustees says Medicare will become insolvent in 2026 — three years earlier than previously forecast. Richardo Alonso-zaldivar And Andrew Taylor, chicagotribune.com, "Medicare will run out of money in 2026, three years earlier than expected, government report says," 5 June 2018 They and related ones called multiemployer welfare arrangements have over the years been found to commit fraud and sometimes have become insolvent. Amy Goldstein, BostonGlobe.com, "Trump administration expands use of health plans that skirt ACA consumer protections," 19 June 2018 If ether's value falls, the system will become insolvent. Timothy B. Lee, Ars Technica, "Basis—the “stable” cryptocurrency with $133 million invested—explained," 25 Apr. 2018 Even were the Trust Fund to become insolvent, Medicare is still projected to have enough money to pay 91 percent of claims. Philly.com, "Medicare is not going broke," 25 June 2018 In a petition filed in Milwaukee County Circuit Court, CIBM said Apiscent is in default on its debt and is either insolvent or in danger of insolvency. Rick Romell, Milwaukee Journal Sentinel, "St. Francis chemical business lands in receivership for second time in four years," 22 June 2018 The Central States Pension Fund that covers 400,000 retirees and active workers will be insolvent by Jan. 1, 2025, and only an act of Congress can save it, the fund's executive director told members in a conference call Wednesday evening. Mark Davis, kansascity, "Central States Pension Plan tells retirees the fund will be insolvent by January 2025 | The Kansas City Star," 2 May 2018 By contrast, fixing the government’s insolvent pension system is a matter of fiscal policy. Mary Williams Walsh, New York Times, "Hurricane Aid Has Eased Puerto Rico’s Finances. It May Not Be Enough.," 19 Apr. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'insolvent.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of insolvent

1591, in the meaning defined at sense 1a

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Statistics for insolvent

Last Updated

5 Aug 2018

Look-up Popularity

Time Traveler for insolvent

The first known use of insolvent was in 1591

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More Definitions for insolvent

insolvent

adjective

English Language Learners Definition of insolvent

: not having enough money to pay debts

insolvent

adjective
in·sol·vent | \ in-ˈsäl-vənt \

Legal Definition of insolvent 

1 : having ceased paying or unable to pay debts as they fall due in the usual course of business — compare bankrupt

2 : having liabilities in excess of a reasonable market value of assets held

3 : insufficient to pay all debts an insolvent estate

Other words from insolvent

insolvent noun

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Comments on insolvent

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