en
insolvent
/ɪnˈsɑːlvənt/
Definition
1
Unable to pay debts or meet financial obligations; bankrupt.
2
Lacking sufficient assets to cover liabilities, often leading to legal proceedings like bankruptcy.
Examples
After splurging on vintage Beanie Babies, Harold's finances went insolvent faster than a dot-com bubble.
The startup founder's pitch was dazzling, but the company was insolvent before the confetti hit the floor.
She declared herself insolvent mid-mall spree, turning impulse buys into a treasure hunt for creditor sympathy.
His 'investments' in crypto memes left him insolvent, now trading dad jokes for ramen noodles.