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Meaning & Definition of Insolvent in English

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Insolvent

/ɪnsɑlvənt/

noun

1. Someone who has insufficient assets to cover their debts

synonym:
  • bankrupt,
  • insolvent

adjective

1. Unable to meet or discharge financial obligations

  • "An insolvent person"
  • "An insolvent estate"
synonym:
  • insolvent

Examples of using

He was declared insolvent.

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