Meaning of the word insolvent in English
What does insolvent mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
insolvent
US /ɪnˈsɑːl.vənt/
UK /ɪnˈsɒl.vənt/
Adjective
unable to pay debts owed
Example:
•
The company was declared insolvent after failing to meet its financial obligations.
•
Many small businesses became insolvent during the economic downturn.
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