insolvent

/in-SOL-vunt/adjective

unable to pay debts owed

The airline was insolvent within a quarter of the grounding.
Synonyms
bankrupt, ruined, failed
Antonyms
solvent, liquid
Root
solv- (loosen)
Memory hook
in (not) + solvent (able to loosen/pay): unable to free yourself of debts.

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insolvent — meaning, examples & GRE vocabulary | WordNerd