someone who has insufficient assets to cover their debts
Used in a Sentence
insolvent
How to use insolvent in a sentence. Example sentences and definitions for insolvent.
Editorial note
As a result, the banks lost a ton of money, and are on the verge of making the country insolvent.
Examples13
Definitions2
Parts of speech2
Quick take
someone who has insufficient assets to cover their debts
Meaning at a glance
The clearest senses and uses of insolvent gathered in one view.
unable to meet or discharge financial obligations; "an insolvent person"; "an insolvent estate"
Definitions
Core meanings and parts of speech for insolvent.
noun
someone who has insufficient assets to cover their debts
See also: bankrupt
adjective
unable to meet or discharge financial obligations; "an insolvent person"; "an insolvent estate"
Example sentences
As a result, the banks lost a ton of money, and are on the verge of making the country insolvent.
Substitute, in place of $10, the most you are willing to lose in the event the exchange proves insolvent.
They did not become a fractional reserve, they became insolvent.
Well, since everyone knows the government can print money, most people do not worry about the government being insolvent.
I might disagree that this is a smarter strategy than growing more slowly, but this doesn't prove that they're insolvent or something.
Every single country in Europe would be insolvent if investors look down and lose confidence.
If your assets are worth less than your liabilities, you're technically insolvent.
The bottom line is that we will be purchasing debt of people who are most likely insolvent and if you are insolvent there is no tax implications.
They could just as easily be selling pink clam shells, tulips, or shares in an insolvent company that had a business plan to make pool cleaning agents.
Even if they are not insolvent the chain of events that would have to take place to result in this counting as taxable income is highly unlikely.
In relation to the panic you quote, this isn't a panic over the price falling - it is equivalent to one stock exchange back then stealing your money and going insolvent.
> You honestly think we'll be able to find other people qualified to run the new banks?Clearly the ones currently running the bank are unqualified, which is why it is insolvent.
Politicians and head-in-the-sand populace apparently insist on a single disastrous collapse that leaves millions insolvent rather than admitting and accepting that there will be some controlled loss involved in a phaseout.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use insolvent in a sentence?
As a result, the banks lost a ton of money, and are on the verge of making the country insolvent.
What does insolvent mean?
someone who has insufficient assets to cover their debts
What part of speech is insolvent?
insolvent is commonly used as noun, adjective.