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insolvent

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
insolvent
(of a person, company, etc.) having insufficient assets to meet debts and liabilities; bankrupt


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THE Head Rifler of an insolvent bank, learning that it was about to be visited by the official Noser into Things, placed his own personal note for a large amount among its resources, and, gaily touching his guitar, awaited the inspection.
Fantastic-Fables by Bierce, Ambrose View in context
By this ingenious device, the insolvent not only preserved his character, by no means an unusual circumstance in New York, however, but he preserved about half of his bona fide estate also; his creditors, as was customary, doing the PAYING.
Autobiography of a Pocket-Handkerchief by Cooper, James Fenimore View in context
My father died insolvent and the homestead was sacrificed to pay his debts.
Can Such Things Be? by Bierce, Ambrose View in context
 
 
 
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