insolvent

adjective
UK: /ɪnˈsɒlvənt/
US: /ɪnˈsɑːlvənt/

  1. Not having enough money to pay debts.

    1. The company became insolvent and closed down quickly.
    2. If you spend more than you earn, you risk becoming insolvent eventually and facing bankruptcy.

Synonyms

bankrupt broke
insolvent noun

  1. A person or company that is unable to pay their debts.

    1. He was declared an insolvent by the court.
    2. The insolvents assets were liquidated to pay off his creditors.

Frequently Asked Questions

The phonetic transcription of "insolvent" is /ɪnˈsɒlvənt/ in British English and /ɪnˈsɑːlvənt/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "insolvent": bankrupt, broke.

Example usage of "insolvent": "The company became insolvent and closed down quickly.". More examples on the page.