insolvent
adjective
-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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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. 2018These 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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More Definitions for insolvent
insolvent
adjective
English Language Learners Definition of insolvent
: not having enough money to pay debts
See the full definition for insolvent in the English Language Learners Dictionary
insolvent
adjective
\
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
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