insolvent

How To Use insolvent In A Sentence

• Now it looks like some of these banks may have been technically insolvent for quite some time before they actually collapsed. Times, Sunday Times
• Society member Thomas Snowden held "Fifty shares of the stock of the New Jersey Morris Canal and Banking Company" when he died and when creditors forced Theophilus Eaton to file as an insolvent debtor, he possessed a note from William Garratt promising the delivery of Advocating The Man: Masculinity, Organized Labor, and the Household in New York, 1800-1840
• That's crucial: HITC is technically insolvent, and customers keep pulling funds.
• an insolvent person
• But it is unseemly to see such a Grand Potentate in such a state of decay: the son of Bajazet Ilderim insolvent; the descendants of the Prophet bullied by Calmucs and English and whipper-snapper Frenchmen; the Fountain of Magnificence done up, and obliged to coin pewter! Notes of a Journey From Cornhill to Grand Cairo
• It could still lead to the masking of a bank being insolvent. Times, Sunday Times
• The statute defines "a notour bankrupt" to be any debtor who, being under diligence by horning or caption, at the instance of his creditors, shall be either imprisoned, or retire to the abbey or any other privileged place, or flee or abscond for his personal security, or defend his person by force, and who shall afterwards be found, by sentence of the lords of session, to be insolvent. Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 "Baconthorpe" to "Bankruptcy"
• Regulatory tolerance of go-for-broke risk-taking by insolvent institutions undermines the stability of a country's financial system and allows institutional losses to cumulate relentlessly.
• A spokesman denied the bank was insolvent, but depositors are rushing to withdraw their money.
• Cancellation of debt income is not includable in income if the taxpayer is in bankruptcy, or to the extent the taxpayer is insolvent.