Want to say insolvent differently? Here are other words for insolvent and its similar synonyms and opposite words to say in unique way.
Meaning of insolvent
The primary meaning of the word "insolvent" refers to a state of being unable to pay debts or having more debts than assets.
Etymology of insolvent
The word "insolvent" originates from the Latin words "in" meaning "not" and "solvens" meaning "paying", with "solvens" derived from "solvere" meaning "to pay" or "to loose".
Historically, the term "insolvent" has been used in English since the 15th century to describe individuals or organizations that are unable to fulfill their financial obligations.
Synonyms
bankrupt
broke
destitute
impoverished
penniless
poor
indigent
needy
debt-ridden
strapped
struggling
financially strapped
unable to pay
in debt
in arrears
in the red
insolvent
financially insolvent
fiscally insolvent
economically insolvent
monetarily insolvent
financially embarrassed
fiscally embarrassed
economically embarrassed
monetarily embarrassed
busted
washed up
tapped out
flat broke
stone broke
dirt poor
down and out
on the rocks
in Chapter 11
in receivership
Definitions
- The state of being insolvent refers to a situation where an individual, organization, or business is unable to pay its debts, having liabilities that exceed its assets.
- * A person or organization that is insolvent is considered bankrupt and may be subject to legal proceedings to settle their debts.
Usage Examples
- The company went insolvent after failing to secure new funding, leading to a significant loss of jobs and assets.
- * The individual was declared insolvent by the court due to their inability to pay off their debts, resulting in the seizure of their property.
Antonyms
solvent
financially stable
fiscally sound
economically viable
monetarily secure
prosperous
thriving
flourishing
successful
affluent
wealthy
rich
well-off
well-heeled
financially secure
fiscally responsible
economically strong
monetarily strong
stable
secure
liquid
cash-rich
debt-free
unindebted