insolvent
1. [ adjective ] unable to meet or discharge financial obligations
Examples:

"an insolvent person" "an insolvent estate"

Related terms: solvent bankrupt bankrupt
2. [ noun ] someone who has insufficient assets to cover their debts
Synonyms: bankrupt
Related terms: loser
Similar spelling:   insolent
  insolvency
  insolently
  insoluble
  insole
  insolvable
  insolate
  insolence
  insolation