Destitute vs. Insolvent — What's the Difference?

Extremely poor and lacking the means to provide for oneself

Unable to meet debts or discharge liabilities; bankrupt.

Lacking resources or the means of subsistence; completely impoverished.

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

Utterly lacking; devoid

Of or relating to bankrupt persons or entities.

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

A bankrupt.

Lacking money; poor, impoverished

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

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

Owing more than one has in assets.

Forsaken; not having in possession (something necessary, or desirable); deficient; lacking; devoid; - often followed by of.

Not sufficient to pay all the debts of the owner.

Not possessing the necessaries of life; in a condition of want; needy; without possessions or resources; very poor.

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

To leave destitute; to forsake; to abandon.

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.

To make destitute; to cause to be in want; to deprive; - followed by of.

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

To disappoint.

Someone who has insufficient assets to cover their debts

Poor enough to need help from others

Unable to meet or discharge financial obligations;