insolvent

Definition

Unable to meet debt obligations. opposite of solvent.

Use insolvent in a sentence

You may find that you have reached an insolvent level and will need to find a way to make things right.

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They were an insolvent company at that moment because they could not meet their debt obligations in a timely manner.

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When my company realized that it could not pay its debts to our creditors, my boss said that there was no choice but to declare ourselves insolvent and throw ourselves on the mercy of the bankruptcy courts.

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