Insolvent Mnemonic
Explore definitions and mnemonics for insolvent.
insolvent
insolvent
Examples
- The company is now in insolvency.
- In the market of 1983, the company became insolvent.
- That would cause the company to become insolvent.
- In July 2009, the receivers determined that the company was insolvent.
- The company went insolvent and ceased trading in 2006.
- This happened due to the financial insolvency of the initial company.
- The administrator's report states that the company was insolvent by March 2001.
- The company became insolvent and was shut down in May 1996.
- This codifies the common law and reflects company and insolvency law.
- The society was insolvent.
someone who has insufficient assets to cover their debts
noun
unable to meet or discharge financial obligations
adjective
Definition 0 of 0
"In + Sol + Vent. In the sun, he vents because he can't pay his bills."
Mnemonic 0 of 0