become insolvent (verb)

  • 1fail — vi 1: to be or become inadequate or unsuccessful esp. in fulfilling certain formal requirements even though one or more terms are left open a contract for sale does not fail for indefiniteness Uniform Commercial Code 2: to become bankrupt or… …

    Law dictionary

  • 2bankrupt — /ˈbæŋkrʌpt / (say bangkrupt) noun 1. Law a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court, and whose property is therefore to be administered by a trustee for the benefit of the creditors… …

  • 3fail — /feɪl / (say fayl) verb (i) 1. to come short or be wanting in action, detail, or result; disappoint or prove lacking in what is attempted, expected, desired, or approved. 2. to be or become deficient or lacking; fall short; be insufficient or… …

  • 4overdraw — over·draw /ˌō vər drȯ/ vb drew / drü/, drawn, / drȯn/, draw·ing vt: to draw checks on (a bank account) for more than the balance vi: to make an overdraft Merriam Webster’s Dictionary of Law. Merriam Webster …

    Law dictionary

  • 5fail — I (Roget s IV) v. 1. [To be unsuccessful] Syn. miscarry, fall short, miss, slip, lose, make nothing of, come to naught, come to nothing, falter, flounder, blunder, break down, break, run aground, founder, misfire, come to grief, get into trouble …

    English dictionary for students

  • 6fold — I (New American Roget s College Thesaurus) I n. bend (see fold); embrace; pleat; flock, congregation. See religion, assemblage. II A bending double Nouns fold, plication, crease, double, bend, lapping, plait; wrinkle, corrugation; flap, lapel,… …

    English dictionary for students

  • 7crash — 1. verb 1) the car crashed into a tree Syn: smash into, collide with, be in collision with, hit, strike, ram, cannon into, plow into, meet head on, run into, impact 2) he crashed his car Syn …

    Thesaurus of popular words

  • 8fold — I 1. verb 1) I folded the cloth Syn: double (over/up), crease, turn under/up/over, bend; tuck, gather, pleat 2) fold the cream into the chocolate mixture Syn: mix, blend, stir gently, incorpor …

    Thesaurus of popular words

  • 9fail — I. verb Etymology: Middle English failen, from Anglo French faillir, from Vulgar Latin *fallire, alteration of Latin fallere to deceive, disappoint Date: 13th century intransitive verb 1. a. to lose strength ; weaken < her health was fail …

    New Collegiate Dictionary

  • 10bankrupt — a debtor, who has volunteered or been forced to appear before a Bankruptcy Court and has been judged insolvent, because s/he has insufficient assets to meet the demands of all creditors. Glossary of Business Terms * * * ▪ I. bankrupt bank‧rupt 1&#8230; …

    Financial and business terms