1. Unable to meet or discharge financial obligations
   "an insolvent person"; "an insolvent estate"

1. Someone who has insufficient assets to cover their debts
   "After the business failed, he was declared insolvent";
   - bankrupt

Derived forms: insolvents

See also: bankrupt, belly-up [informal], bust [informal]

Type of: failure, loser, no-hoper [informal], nonstarter, unsuccessful person

Antonym: solvent

Encyclopedia: Insolvent