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Definitions of insolvent:

noun: someone who has insufficient assets to cover their debts
adjective: unable to meet or discharge financial obligations
Example: "An insolvent person"

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Alternative Terms
act-of-bankruptcy bankruptcy bust failure money-similar-words asset liability debt synonym germany united-kingdom liquidation offense corporation united-states administration-insolvency creditor south-africa uniform-commercial-code government tax interest default-finance sovereignty refinancing monetization currency hyperinflation administrative-receivership administration-order certified-insolvency-and-reorganization-accountant-cira nonsolvency solvency statement-of-affairs-in-accounting ogden-v-saunders insolvency-clause conservator scranton-pennsylvania sturges-v-crowninshield voluntary-bankruptcy acceleration-clause voluntary-liquidation authority-to-terminate-plan

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