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Destitute vs. Insolvent — What's the Difference?

Difference Between Destitute and Insolvent

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Definitions

Destitute

Extremely poor and lacking the means to provide for oneself
The charity cares for destitute children

Insolvent

Unable to meet debts or discharge liabilities; bankrupt.

Destitute

Lacking resources or the means of subsistence; completely impoverished.

Insolvent

Insufficient to meet all debts, as an estate or fund.

Destitute

Utterly lacking; devoid
Young recruits destitute of any experience.

Insolvent

Of or relating to bankrupt persons or entities.
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Destitute

(followed by the preposition "of") Lacking something; devoid

Insolvent

A bankrupt.

Destitute

Lacking money; poor, impoverished

Insolvent

Unable to pay one's bills as they fall due.
An insolvent debtor

Destitute

(transitive) To impoverish; to strip of wealth, resources, etc.

Insolvent

Owing more than one has in assets.
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Destitute

Forsaken; not having in possession (something necessary, or desirable); deficient; lacking; devoid; - often followed by of.
In thee is my trust; leave not my soul destitute.
Totally destitute of all shadow of influence.

Insolvent

Not sufficient to pay all the debts of the owner.
An insolvent estate

Destitute

Not possessing the necessaries of life; in a condition of want; needy; without possessions or resources; very poor.
They wandered about in sheepskins and goatskins; being destitute, afflicted, tormented.

Insolvent

(legal) One who is insolvent; an insolvent debtor.

Destitute

To leave destitute; to forsake; to abandon.
To forsake or destitute a plantation.

Insolvent

Not solvent; not having sufficient estate to pay one's debts; unable to pay one's debts as they fall due, in the ordinary course of trade and business; as, in insolvent debtor.

Destitute

To make destitute; to cause to be in want; to deprive; - followed by of.
Destituted of all honor and livings.

Insolvent

One who is insolvent; as insolvent debtor; - in England, before 1861, especially applied to persons not traders.

Destitute

To disappoint.
When his expectation is destituted.

Insolvent

Someone who has insufficient assets to cover their debts

Destitute

Poor enough to need help from others

Insolvent

Unable to meet or discharge financial obligations;
An insolvent person
An insolvent estate

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