V2 Vocabulary Building Dictionary
Definition: unable to pay off debts--bankrupt
Synonyms: broke, bankrupt, indebted, penniless, busted, impoverished, destitute
Antonyms: solvent, rich, wealthy, prospering
Tips: Insolvent is derived from the Latin in solventem, which means "not paying." Insolvent denotes the inability to pay off debts. The noun insolvency refers to a lack of financial resources or bankruptcy. Solvent describes the opposite; it means that you are capable of meeting your financial obligations.
Bad business practices are what caused the company's insolvency. (bankruptcy) noun
He could not pay me back because he was suddenly rendered insolvent. (broke, penniless)
We were forced to sell our house when I lost my job and became insolvent. (broke, indebted)
Our company is too insolvent for anyone to risk giving us a loan. (indebted, broke)
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