Use "insolvent" in a sentence
insolvent example sentences
insolvent
1. If any of the contributors become bankrupt or insolvent, the collector is obliged to advance his tax ; and the whole parish is reimposed next year, in order to reimburse the collector
2. end up insolvent, unable to raise debt to fund operations or will have lost key
3. Won’t the callous politicians know that it’s in chasing the quick buck that these greedy guys bungle with their lives; why don’t they exhort farmers to part-opt for the cash crops to meet both ends? Moreover, it’s not as if the bankrupt traders and the insolvent others are not known to commit suicide but then, there is no political axe to grind over their deaths; it all boils down to lobbying, in the open as in the U
4. One of these was the so-called insolvency exception, wherein the IRS said that the debt won’t be considered gross income if the “discharge occurs when the taxpayer is insolvent
5. which in practice are either insolvent in terms of achievement of desired results, or
6. That’s why this great empire was afflicted with calamity, weakness and ignominy, to the point where it became totally insolvent
7. Have you heard anything of the rumours about Hartley Langhorne and his pool being insolvent? The Street has been flooded with stories--"
8. credit of the account and the entire estate of the insolvent vests in the official
9. insolvent’s account nor advance money to an un-discharged insolvent
10. Insolvency of a director: In case one of the directors becomes insolvent or an un-
11. A legal declaration made by someone (either voluntary or not) that he or she is legally insolvent
12. Then the marquis had died of the plague, so Ralph was insolvent again, and had to worry about the harvest
13. Occasionally the directors ask for the appointment because they can see a default on debts looming or because they are in danger of ‘overtrading’, which is the criminal offence of continuing in business once the company is insolvent
14. liquidation: the sale of an insolvent company’s assets to pay creditors
15. He would hold a comparatively small first mortgage followed by a substantial junior lien, the requirements of which have made the company insolvent
16. The very unusual story of Texaco—founded in 1901 as Texas Fuel Company, eventually merged into Chevron a century later—offers useful lessons about liquidations, even though Texaco was not liquidated and, notwithstanding its bankruptcy filings, was never insolvent
17. Although Texaco was legally bankrupt, it was never insolvent
18. In the same year The Companies’ Creditors Arrangement Act, adopted in Canada, provided that insolvent Canadian Companies might escape proceedings under the Bankruptcy Act and work out compromises with creditors with the sanction of the court
19. The year-end valuation of $25 million was given to a company that had lost all but a minuscule remnant of its capital, for which a completely insolvent condition was imminent, and for which the words “enthusiasm” or “hope” would be only bitter sarcasms
20. At that time I felt that if one could add two-plus-two one could comprehend that the big banks were all insolvent, and it was only a matter of time before the final housecleaning would arrive and that it would be marked by one or more of these money center banks being taken over by the government
21. Substantive consolidation occurs when, for purposes of a reorganization, two separate entities are combined into one; say, for example, a solvent parent company creditors are placed in the same class as the creditor of an insolvent subsidiary as part of a reorganization plan
22. Substantive consolidation occurs when, for purposes of a reorganization, two separate entities are combined into one; say, for example, solvent parent company creditors are placed in the same class as the creditor of an insolvent subsidiary as part of a reorganization plan
23. Krugman seems to have missed the point that these banks were not insolvent since they seemed to have the ability, however marginal, to meet their obligations as they became due
24. When actually insolvent, the role of the board of directors shifts from protecting the interests of owners to protecting the interests of creditors
25. But subsequent events showed that this was not the worst fate that could befall Leasco; a fair argument could be made that had not Leasco acquired Reliance, Leasco after September 1969 might have been insolvent, or in any event, in quite serious trouble
26. The end result could involve an insolvent stock market and an economy that folds
27. Insurance guaranty associations provide protection to insurance policy holders and beneficiaries of policies issued by an insurance company that has become insolvent and is no longer able to meet its obligations
28. “I have freed one insolvent debtor from a totally false charge, and now they all flock to me
29. All governments are insolvent, and involuntarily follow a maxim expressed by a Russian statesman of the eighteenth century,—that the peasant must be sheared of his wool lest it grow too long
30. The ability to enlarge their accommodations is proportionately enhanced; and when it shall be further increased by a removal into their vaults of those deposits which are in the possession of the Bank of the United States, the injurious effects of a dissolution of the corporation will be found to consist in an accelerated disclosure of the actual condition of those who have been supported by the credit of others, but whose insolvent or tottering situation, known to the bank, has been concealed from the public at large
31. The book is filled with color and action, the background of which is the rather motley life of colonial Georgia, or rather of the time during which Georgia was being established as a colony for insolvent debtors through the efforts of General Oglethorpe
