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IELTS BNC: 16722 COCA: 20284

insolvent

Word family
Related topics: Business
in·sol·vent /ɪnˈsɒlvənt $ ɪnˈsɑːl-/ adjectiveadj  
BMONEYnot having enough money to pay what you owe 无偿债能力的,破产的 SYN bankrupt
 The company was later declared insolvent (=officially said to be insolvent).
公司随后被宣布破产。
insolvency noun [countableC, uncountableU]
Examples from the Corpus
From Longman Business Dictionary
insolventin·sol·vent /ɪnˈsɒlvəntɪnˈsɑːl-/ adjectiveadjACCOUNTINGLAW
a person or company that is insolvent does not have enough money or ASSETs to pay their debts
The company has now been declared insolvent.
The bank could be rendered insolvent by such a large payment.
in·sol·vent adjectiveadj
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