If a company is worth $100 and has $110 of debt, then that company is insolvent.
From the economist.com
Then, some banks in the United States appeared to be insolvent, only to recover.
From the nytimes.com
Last year Paeroa approached NZTR with the news the club was virtually insolvent.
From the nzherald.co.nz
Both candidates granted that Medicare will be insolvent in four to twelve years.
From the economist.com
We can promise you that if Greece defaults eventually the ECB will be insolvent.
From the infowars.com
It even allows an insolvent company to receive fresh finance after it goes bust.
From the economist.com
Insolvent countries and insolvent banks have to pay through the nose for credit.
From the guardian.co.uk
Regarding the US and Germany, thay have already achieved the point of insolvent.
From the economist.com
The Federal Government has long had laws in place to deal with insolvent banks.
From the infowars.com
More examples
Unable to meet or discharge financial obligations; "an insolvent person"; "an insolvent estate"
Bankrupt: someone who has insufficient assets to cover their debts
(insolvency) the lack of financial resources
Insolvency means the inability to pay one's debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts.
Unable to pay one's bills as they fall due; Owing more than one has in assets
(insolvency) The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay his debts as they fall due, or in the usual course of trade and business; as, a merchant's insolvency; Insufficiency to discharge all debts of the owner; ...
(Insolvency) Having insufficient funds to meet all debts, or being unable to pay debts as and when they fall due.
(Insolvency) The state of not being able to pay one's debts as they fall due or having an excess of liabilities over assets
(INSOLVENCY) a condition in which a debtor is unable to pay his or her creditors.