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Synonyms for insolvent



Synonyms for insolvent

someone who has insufficient assets to cover their debts

unable to meet or discharge financial obligations


References in periodicals archive ?
Guaranty Funds--Established in almost all states to pay the Claims against an insolvent property/casualty carrier resident in that state.
Lloyd's has said that if the restructuring plan failed, it would be insolvent by the end of the month.
For example, if your sole asset had a FMV of $100, but was subject to $200 in liabilities you would be insolvent by $100.
Until May 1, the bank had not been found to be insolvent by the primary regulator, and efforts were under way by new management to restructure the bank and to attract new capital.
The depositors don't care that you're insolvent because their money is government-guaranteed.
New Delhi [India], September 4 ( ANI ): The Supreme Court on Monday stayed the Allahabad NCLT (National Company Law Tribunal) order declaring Jaypee Infratech as insolvent.
Some 22,772 people went insolvent across England and Wales in the second quarter of this year, a 0.
Because, if on the one hand "the tax and customs authority (TA) has regarded the insolvent estate as liable to taxation and, as a consequence, an insolvent company's settlement of assets is subject to taxation regarding the IRC," turn "the insolvency administrators (IA) (1) argue that an insolvent company does not pursue, primarily, a commercial, industrial, or agricultural activity, and, therefore, from the moment when all goods are seized for the insolvent estate, the outcome of their liquidation is not liable to the IRC, and this viewpoint is corroborated by a part of the Portuguese jurisprudence.
One in 550 adults became insolvent in the 12 months to September, marking the lowest rate seen since 2005, the Insolvency Service said.
Figures released by the Office for National Statistics show that 1,019 people were declared insolvent in Teesside in 2014 with Stockton seeing the most in the area with 457.
When the corporation is not doing well, whether it is insolvent or simply struggling, the common stockholders, preferred stockholders and creditors' interests often diverge.
The new bill stipulates that after the passage of three years under review, the insolvent person is relieved of all his debts and no longer deemed insolvent, having surrendered his property, except for assets deemed necessary to him and his family.
Revenues from the federal tax are used to cover state and federal administrative costs, for loans to states with insolvent UTF accounts, and for the federal share of unemployment benefits.
to require utility rms and other key suppliers to continueto supply insolvent companies could helpwith their rescue, it is Plans to require utility firms and other key suppliers to continueto supply insolvent companies could helpwith their rescue, it is claimed.