Definition of "insolvent" []

• Unable to meet debts or discharge liabilities; bankrupt. (adjective)
• Insufficient to meet all debts, as an estate or fund. (adjective)
• Of or relating to bankrupt persons or entities. (adjective)
• A bankrupt. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "My reading of most of the comments here is that stockholders in insolvent enterprises – i.e., holders of worthless assets – should expect to paid market value - i.e., nothing – if the government nationalizes the enterprise."
• "What we appear to be doing is propping up insolvent banks, which remain insolvent, until the situation becomes sufficiently dire again that they need more taxpayer funds."
• "Tribune's exit from bankruptcy has been delayed in part by claims that investor Sam Zell 's $8.2 billion leveraged buyout of Tribune in 2007 was flawed and rendered the company insolvent from the start."