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insolvent

insolvent

18 7.7
Unable to pay debts because they have too little money or assets
  • adjective
  • /ɪnˈsɒlvənt/
  • Specialized
translation icon : insolvente
  • If that happens, commercial banks may become insolvent.
  • become insolvent
  • insolvent banks
  • insolvent debtor

But I think the banking system is completely insolvent in the United States.

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Examples

  • The company went insolvent after years of losses, leaving many employees without their final paychecks.

  • But China's four major banks are technically insolvent, and the last thing they need is a diminution of their asset base.

    Academic text (2000)
  • But I think the banking system is completely insolvent in the United States.

  • A major bank went insolvent.

  • The laws in some states prevent the raising of taxes to pay off insolvent pension plans.

    Blog text (10)
  • The government was supposed to reduce expenditures and close insolvent banks.

    Academic text (2004)
  • The possibility that a state could become insolvent has grown likelier since the financial crisis.

    Blog text (6)
  • The company became insolvent in October 1930 due to debt totaling $98,000.

    Academic text (2005)
  • Many countries are insolvent, simply incapable of repayment, in the house of cards sustained by the World Bank.

    Academic text (1992)
  • If the Fed consistently lends to insolvent banks, depositors can leave their funds in risky and even insolvent banks.

    Academic text (1991)

Synonyms

bankrupt
vsinsolvent
151 4.2

Not able to pay debts

can lack assets to pay debts without any legal declaration
broken
vsinsolvent
1 7.2

Having no money after a big loss

means inability to pay debts rather than general long-term ruin

Antonyms

15 5.5

Having enough money to pay debts and bills

How Solvent

secure
  • Specialized
31 4.7
solvent
15 5.5
troubled
  • Specialized
18 4.8
insolvent
  • Specialized
18 7.7
bankrupt
151 4.2

Surface Forms

insolvent positive
insolventer comparative
insolventest superlative

Morphology

insolvent = solvent (transparent) = in + solvent

The negative prefix 'in-' combines straightforwardly with the adjective 'solvent' to mean 'not solvent' in the financial sense.

Etymology

Insolvent comes from the Latin parts in- meaning 'not' and solvere meaning 'to loosen' or 'to pay', and it is related to English words like solve and solution. So, to be insolvent is to be 'not able to pay' your debts.