Vocabulary Entry

insolvent

|adjective • noun

adjective

Unable to pay debts owed.

Example Sentences

"The company went bankrupt due to being insolvent."

"He found himself in an insolvent situation after the market crash."

"Insolvent individuals often face legal action from creditors."

noun

Example Sentences

"The insolvent was declared bankrupt last month."

"As an insolvent, she had to undergo financial counseling."

"Insolvents can sometimes negotiate settlement terms with creditors."