insolvent
adjectiveUK /ɪnˈsɒlvənt/
US /ɪnˈsɑːlvənt/
Not having enough money to pay what you owe.
The company went insolvent after sales dropped sharply.
RELATED WORDS
OTHER MEANINGS
2. A person or business that cannot pay its debts.
The court appointed a manager to handle the affairs of the insolvent.
3. Relating to the state of being unable to pay debts.
The lawyer specialized in insolvent estates.
4. In chemistry, unable to dissolve in a particular liquid.
The substance remained insolvent in water.