One who is unable to pay his debts

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One who is unable to pay his debts : Insolvent


Word Usage:
How to use word Insolvent in Sentences? Some Examples
  1. There is a maximum sentence of 6 month for an insolvent.
  2. Ravinder declared himself insolvent to save himself from the rath of his creditors.
  3. Hundreds of country became insolvent due to recent recession in the America.
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