Insolvent is defined as being bankrupt and unable to pay debts.(adjective)
A person who has $10 and owes $100 is an example of someone who is insolvent.
The definition of an insolvent is a person who is bankrupt or unable to pay his or her debts.(noun)
A person who owes $100 but who only has $10 is an example of an insolvent.
See insolvent in Webster's New World College Dictionary
See insolvent in American Heritage Dictionary 4
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