insolvent
[adjective]
Synonyms: bankrupt, broke (informal), failed, gone bust (informal), gone to the wall, in receivership, ruined

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English Thesaurus: bankrupt, be in financial difficulties, go bust/go under, insolven

[TahlilGaran] English Synonym Dictionary ▲

in‧sol‧vent /ɪnˈsɒlvənt $ ɪnˈsɑːl-/ adjective
[Word Family: noun: solution, solvent, solubility, insolvency; adjective: soluble ≠ insoluble, unsolved, solvent ≠ insolvent, solvable ≠ insolvable; verb: solve; adverb: insolvably]
not having enough money to pay what you owe Synonym : bankrupt:
The company was later declared insolvent (=officially said to be insolvent).
—insolvency noun [uncountable and countable]

[TahlilGaran] Dictionary of Contemporary English ▲

bankrupt without any money and unable to pay your debts – used about a person or business that has to officially admit this and stop trading permanently:
Many small businesses will go bankrupt unless interest rates fall.
He was declared bankrupt in the High Court yesterday.
be in financial difficulties to have difficulty paying your bills and debts, often so that you are in danger of becoming bankrupt - used about people and businesses:
The firm has been in financial difficulties for some time.
He was in financial difficulties and knew that he would have to sell his home.
go bust/go under informal to become bankrupt and have to stop operating – used about a business:
The supermarket isn’t there any more – it went bust ages ago.
During the last recession, dozens of businesses were going under every day.
insolvent formal bankrupt - used about people and businesses:
The bank was declared insolvent.
Directors of insolvent companies often ignore demands for payment.
Individuals becoming insolvent also jumped 9% to 9,470 in the third quarter.

[TahlilGaran] English Thesaurus ▲