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Insolvent: meaning, definitions and examples

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insolvent

 

[ ɪnˈsɒlvənt ]

Adjective
Context #1 | Adjective

financial

Unable to pay debts; bankrupt.

Synonyms

bankrupt, broke, penniless

Examples of usage

  • The company became insolvent due to mismanagement of funds.
  • After losing his job, he was declared insolvent.
Context #2 | Adjective

legal

Not having enough assets to cover debts.

Synonyms

bankrupt, indebted, penurious

Examples of usage

  • The court declared him insolvent and ordered the liquidation of his assets.
  • The lawyer advised filing for insolvency to protect his client's remaining assets.

Translations

Translations of the word "insolvent" in other languages:

🇵🇹 insolvente

🇮🇳 दिवालिया

🇩🇪 zahlungsunfähig

🇮🇩 bangkrut

🇺🇦 неплатоспроможний

🇵🇱 niewypłacalny

🇯🇵 支払い不能

🇫🇷 insolvable

🇪🇸 insolvente

🇹🇷 iflas etmiş

🇰🇷 지불 불능

🇸🇦 مفلس

🇨🇿 insolventní

🇸🇰 insolventný

🇨🇳 破产

🇸🇮 insolventen

🇮🇸 gjaldþrota

🇰🇿 төлем қабілетсіз

🇬🇪 გადახდისუუნარო

🇦🇿 ödəmə qabiliyyətsiz

🇲🇽 insolvente

Word origin

The word 'insolvent' originated from the Latin word 'insolvens', which means 'not paying'. It has been used in English since the mid-18th century to describe individuals or entities that are unable to meet their financial obligations. Insolvency can be a result of poor financial management, economic downturns, or unexpected events. When someone is declared insolvent, it often leads to legal proceedings to resolve outstanding debts and liabilities.

See also: absolve, dissolve, dissolvent, insolvency, solvability, solvable, solvent, solver, solving, unsolvable.

Word Frequency Rank

Position #9,337 indicates this is an advanced-level word. While not essential for basic communication, it will enhance your ability to understand and create more nuanced content.