insolvent
Translation
insolvent, bankrupt
Examples
The company was declared insolvent.
The company was declared insolvent.
He is an insolvent debtor.
He is an insolvent debtor.
Grammar Patterns
to be insolvent to be unable to pay debts The firm became insolvent last year.
an insolvent ((noun)) describing a person or entity He is an insolvent debtor.
Similar Words
Synonyms: bankrupt, broke; Antonyms: solvent, wealthy
Etymology
From Latin 'in-' (not) + 'solvens' (paying). Literally means 'not paying'.
Memory Tips
This is the adjective form of 'insolvency'. If you are insolvent, you are facing insolvency.