Definition of 'insolvent'
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Example sentences containing 'insolvent'
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What if my company is insolvent? Times, Sunday Times (2016)Last year he took over an insolvent company where the staff were about to lose their jobs. Times, Sunday Times (2011)One person a minute is being declared insolvent or going bankrupt. The Sun (2011)What contingency plans exist were it to become insolvent? Times, Sunday Times (2006)The number of people being declared insolvent has risen by more than a fifth. Times, Sunday Times (2016)Many of the banks are still insolvent and this has not been addressed. Times, Sunday Times (2009)It could still lead to the masking of a bank being insolvent. Times, Sunday Times (2014)If you have a mortgage with a bank that becomes insolvent your savings will be deducted from your debts. Times, Sunday Times (2008)It is not unusual for an administrator to be appointed to an insolvent company following a period as an adviser. Times, Sunday Times (2014)It said it would declare itself insolvent, blaming high fuel costs for its losses. Times, Sunday Times (2008)The company is technically insolvent thanks to the scheme's huge liabilities. Times, Sunday Times (2012)Executives have called a works council meeting on Monday before formally declaring the company insolvent. Times, Sunday Times (2013)Many of the world's banks are technically insolvent. Times, Sunday Times (2009)At the time of the valuation he had been an employee of a firm that had since become insolvent and had no insurance cover. Times, Sunday Times (2006)THE number of people declared insolvent has risen for the first time in more than a year. The Sun (2008)A record number of people will become insolvent next year, a leading accountancy firm has predicted. Times, Sunday Times (2007)A company is insolvent when it is unable to meet the demands of all its creditors by selling all its assets for cash. Business Studies Basic Facts (1990)This ensures that, if the manager becomes insolvent, client money can easily be identified and returned. Times, Sunday Times (2013)It may also cause some hospitals to fail, or become insolvent, if patients vote with their feet to go elsewhere. Times, Sunday Times (2006)From here on in, it's going to be a rough ride for many individuals and the numbers going insolvent will rise. Times, Sunday Times (2008)If the insurer goes insolvent, the member is eligible for compensation from the FSCS. Times, Sunday Times (2008)If the employer goes insolvent, the scheme is eligible for compensation from the PPF. Times, Sunday Times (2008)
Trends of 'insolvent'
Used Occasionally. insolvent is one of the 30000 most commonly used words in the Collins dictionary
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Translations for 'insolvent'
British English: insolvent ADJECTIVE
A person or organization that is insolvent does not have enough money to pay their debts.
The bank was declared insolvent.
Definition of insolvent from the Collins English Dictionary
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