insolvent
Word family
Longman Dictionary of Contemporary English 5++LDOCE 5++in·sol·vent /ɪnˈsɒlvənt $ ɪnˈsɑːl-/ adjective 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 [countable, uncountable]Examples from the Corpus
insolvent• He withdrew saving from a major bank just two days before it was declared insolvent.• The company auditor has filed a warning that Eurotunnel is in danger of becoming insolvent.• Half of our projects were insolvent.• insolvent businesses• A spokesman denied the bank was insolvent, but depositors are rushing to withdraw their money.• Officials estimate the Medicare fund will be insolvent by 2002.• The bank could even be rendered insolvent by such a large payment.• State banks are virtually insolvent due to politically-directed lending.• Regional banks founded Chigin Seiho Jutaku Loan, one of the seven insolvent housing lenders.• The court ordered the dissolution of seven insolvent housing loan companies.• Woosung Construction went insolvent yesterday when it failed to honor 16. 9 billion worth of promissory notes the previous day.From Longman Business Dictionaryinsolventin‧sol‧vent /ɪnˈsɒlvəntɪnˈsɑːl-/ adjectiveACCOUNTINGLAW a person or company that is insolvent does not have enough money or ASSETs to pay their debtsThe company has now been declared insolvent.The bank could be rendered insolvent by such a large payment.in·sol·vent adjectiveChineseSyllable
Corpus what to money pay having enough Business you owe not
insolvent
in‧sol‧vent /ɪnˈsɒlvənt $ ɪnˈsɑːl-/
adjective
SYN bankrupt:
The company was later declared insolvent (=officially said to be insolvent).
—insolvency noun [uncountable and countable]
▪ bankrupt without any money and unable to pay your debts – used about a person or business that has to officially admit this and stop trading permanently: Many small businesses will go bankrupt unless interest rates fall. | He was declared bankrupt in the High Court yesterday.
▪be in financial difficulties to have difficulty paying your bills and debts, often so that you are in danger of becoming bankrupt - used about people and businesses: The firm has been in financial difficulties for some time. | He was in financial difficulties and knew that he would have to sell his home.
▪go bust/go under informal to become bankrupt and have to stop operating – used about a business: The supermarket isn’t there any more – it went bust ages ago. | During the last recession, dozens of businesses were going under every day.
▪insolvent formal bankrupt - used about people and businesses: The bank was declared insolvent. | Directors of insolvent companies often ignore demands for payment. | Individuals becoming insolvent also jumped 9% to 9,470 in the third quarter.
in‧sol‧vent /ɪnˈsɒlvənt $ ɪnˈsɑːl-/
adjective Word Family: noun: solution, solvent, solubility, insolvency; adjective: soluble ≠ insoluble, unsolved, solvent ≠ insolvent, solvable ≠ insolvable; verb: solve; adverb: insolvably
not having enough money to pay what you owe SYN bankrupt:
—insolvency noun [uncountable and countable]
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