nonsolvent in a sentence
a.
📚 Grade Level: Grade 11, Grade 12
Definition
NONSOLVENT: unable to meet financial obligations or pay debts; insolvent.
Crossword clues for nonsolvent
Crossword clue ideas and answer hints for the word "nonsolvent".
- Unable to pay debts and meet obligations.
- In financial trouble and lacking funds.
- Not capable of settling financial liabilities.
- Incapable of fulfilling monetary commitments.
- Bankruptcy describes this financial state.
Nonsolvent sentence examples
- The company was deemed nonsolvent after failing to meet its financial obligations.
- Investors were wary of putting their money into a nonsolvent startup with mounting debts.
- During the assessment, the auditors classified several of the firm's subsidiaries as nonsolvent.
- The legal implications of being nonsolvent can lead to bankruptcy proceedings.
- She was shocked to learn that her favorite restaurant had become nonsolvent overnight.
- The company was declared nonsolvent after failing to pay its debts for several consecutive months.
- Investors were wary of the startup, which had been labeled as nonsolvent by industry analysts.
- After reviewing the financial statements, the accountant concluded that the business was nonsolvent and needed immediate restructuring.
- The court ruled that the individual was nonsolvent, leading to a bankruptcy filing to settle outstanding obligations.
- Nonsolvent entities often struggle to attract new funding due to their negative financial reputation.