insolvent
Unable to pay
Insolvent describes a person or entity unable to pay debts as they come due.
An insolvent company may file for bankruptcy; an insolvent individual may have assets seized.
The noun form refers to such a person: The court appointed a trustee to manage the insolvent's remaining property.
The opposite is solvent.
Unable to repay debts
- receivershipCourt-ordered asset management
- foreclosureLender seizes mortgaged property
- defaultPreset standard option
- liquidationSelling assets for cash
creditors · restructuring · reorganization · administration · winding-up · petition · filing · discharge
Amounts owed to others
- arrearsOverdue financial obligations
- defaultPreset standard option
- overduePast expected arrival
- unpaidNot yet compensated
delinquency · nonpayment · creditors · obligations · deficit · overextended · underwater · overleveraged
Lacking any funds
- pennilessCompletely without money
- destituteUtterly without means
- impoverishedExtremely lacking in money
- ruinedDamaged beyond recovery
indigent · penury · pauperized · strapped · hand-to-mouth · down-and-out · skint · beggared
Breaking up completely
- winding-upFormal business dissolution
- receivershipCourt-ordered asset management
- liquidatorOne who dissolves entities
- assetsOwned items of value
auction · sell-off · divestment · closure · disbandment · sequestration · administration · realization
bankrupt
Unable to repay debts
- receivershipCourt-ordered asset management
- foreclosureLender seizes mortgaged property
- defaultPreset standard option
liquidation · creditors · restructuring · reorganization · administration · winding-up · petition · filing · discharge · trustee
liabilities
Amounts owed to others
unpaid · delinquency · nonpayment · creditors · obligations · deficit · overextended · underwater · overleveraged · receivables
broke
Lacking any funds
- pennilessCompletely without money
- destituteUtterly without means
- impoverishedExtremely lacking in money
ruined · indigent · penury · pauperized · strapped · hand-to-mouth · down-and-out · skint · beggared · bust
dissolution
Breaking up completely
- winding-upFormal business dissolution
- receivershipCourt-ordered asset management
- liquidatorOne who dissolves entities
assets · auction · sell-off · divestment · closure · disbandment · sequestration · administration · realization · distribution
collapse
Sudden structural failure
- meltdownCatastrophic loss of control
- failureLack of success
- bailoutEmergency aid preventing bankruptcy
turmoil · distress · contagion · downfall · ruin · bust · crash · panic · emergency · shock
- financesmoney, affluence, cash, bankrupt, income
- financial termswealth, asset, currency, balance sheet, audit
- financial ruinbankrupt, bankruptcy, bust, busted, broke
- money troublesdebt relief, bad debt, bankruptcy filing, paycheck to paycheck, struggling
- wealth statuspoor, rich, wealthy, affluent, middle-class
- business adjectivescommercial, corporate, economic, financial, fiscal
insolventsolvent
Dissolving liquid or financially stable
creditworthy · sound · liquid · in the black · debt-free
- financial insolvencyInability to pay obligations
- insolvency resolutionSettling debts of failing entities