insolvent
pronunciation
How to pronounce insolvent in British English:
UK [ɪnˈsɒlvənt]
How to pronounce insolvent in American English:
US [ɪnˈsɑlvənt]
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- Noun:
- someone who has insufficient assets to cover their debts
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- Adjective:
- unable to meet or discharge financial obligations
Word Origin
- insolvent (adj.)
- 1590s, "unable to pay one's debts," from in- (1) "not" + Latin solventem "paying" (see solvent). Originally of one who was not a trader; only traders could become bankrupt.
Example
- 1. Ireland 's problems stem largely from its insolvent banks .
- 2. If not , insolvent countries must negotiate a restructuring .
- 3. If greece were the only insolvent european country it would be best if its default occurred now .
- 4. Without outside help , greece is probably insolvent right now .
- 5. Greece is insolvent , ireland and portugal are not far off .