Definition of insolvent
1a : unable to pay debts as they fall due in the usual course of businessb : having liabilities in excess of a reasonable market value of assets held
2 : insufficient to pay all debts an insolvent estate
Recent Examples of insolvent from the Web
Indeed, the ride lasted just 12 years, until W.O.’s archnemesis, Rolls-Royce, swooped in to snatch up the insolvent company.
By 2009, the center — which is operated by the California Center for the Arts, Escondido, Foundation — was insolvent.
Saeed says that Dubai's 2009 financial crisis, in which the city was almost insolvent, was a turning point for Diamond Developers.
Without the additional capital, Zoom Health was insolvent, the state contends.
Under the new rules, national governments are not supposed to inject fresh taxpayer money into a bank if it is deemed insolvent.
Those aggressive expansion plans contrast with what’s happening at the likes of British Airways or labor strife-ridden Air France -- not to mention insolvent Alitalia.
Insolvent governments print money (causing inflation) and, eventually, raise taxes and cut spending.
Puerto Rico’s insolvent industrial development bank announced a deal with creditors on how to distribute proceeds from its 10-year liquidation plan.
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.
First Known Use of insolvent
INSOLVENT Defined for English Language Learners
Definition of insolvent for English Language Learners
: not having enough money to pay debts
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
Seen and Heard
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