in
sol
vent
1
incapable of fulfilling financial obligations due to a lack of money
- The company became insolvent after several poor financial decisions.
- He realized he was insolvent when he couldn’t pay his bills.
- The insolvent firm had to negotiate with creditors for a settlement.
- The government intervened to help the insolvent banks stabilize the economy.
- Being declared insolvent meant they had to restructure their debt.
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