nonsolvent Synonyms
No Synonyms and anytonyms found
nonsolvent Meaning
Webster
nonsolvent (a.)
Not solvent; insolvent.
Webster
nonsolvent (n.)
An insolvent.
nonsolvent Sentence Examples
- 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.
- Creditors were dismayed when the company went nonsolvent, leaving them unpaid.
- The shareholders were left with nothing after the nonsolvent company was liquidated.
- The nonsolvent oil company was forced to sell off its assets to repay its debts.
- The government launched an investigation into the circumstances that led to the company's nonsolvency.
- The nonsolvent debtor was unable to fulfill their contractual obligations.
- The nonsolvency of several major corporations sent shockwaves through the financial markets.
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.
