nonsolvent Sentence Examples

  1. The company declared bankruptcy due to its inability to pay its liabilities, becoming a nonsolvent entity.
  2. The debtor's assets were insufficient to cover the outstanding debts, rendering them nonsolvent.
  3. The court appointed a receiver to administer the assets of the nonsolvent corporation.
  4. The bank refused to extend a loan to the nonsolvent business.
  5. Creditors were dismayed when the company went nonsolvent, leaving them unpaid.
  6. The shareholders were left with nothing after the nonsolvent company was liquidated.
  7. The nonsolvent oil company was forced to sell off its assets to repay its debts.
  8. The government launched an investigation into the circumstances that led to the company's nonsolvency.
  9. The nonsolvent debtor was unable to fulfill their contractual obligations.
  10. The nonsolvency of several major corporations sent shockwaves through the financial markets.

nonsolvent Meaning

Webster

nonsolvent (a.)

Not solvent; insolvent.

Webster

nonsolvent (n.)

An insolvent.

Synonyms & Antonyms of nonsolvent

No Synonyms and anytonyms found

FAQs About the word nonsolvent

Not solvent; insolvent., An insolvent.

No synonyms found.

No antonyms found.

The company declared bankruptcy due to its inability to pay its liabilities, becoming a nonsolvent entity.

The debtor's assets were insufficient to cover the outstanding debts, rendering them nonsolvent.

The court appointed a receiver to administer the assets of the nonsolvent corporation.

The bank refused to extend a loan to the nonsolvent business.