insolvent
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The new bill bans such fire and rehire practices in most circumstances, but a company could still use it if it is at risk of becoming insolvent.
From BBC
Earlier Thursday, Canadian Public Works Minister Joel Lightbound said state-owned Canada Post “is effectively insolvent,” and required a onetime $700 million loan earlier this year to stay afloat and meet payroll requirements.
She thinks there could be a case for a "central UK pot" that pays out those who are owed a tribunal award when a company becomes insolvent.
From BBC
"Canada Post is effectively insolvent, and repeated bailouts are not a long-term solution," he said in a statement.
From BBC
FTI Consulting is advising the government on SAR contingency planning - this would happen if Thames becomes insolvent, cannot fulfil its duties or breaches an enforcement order.
From BBC
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.