The word βinsolventβ describes a state of being unable to pay debts owed. It is a financial term indicating that an individual or organization lacks sufficient assets or income to meet their financial obligations, often leading to bankruptcy or financial ruin. To find its antonym, we need a word that signifies the opposite financial condition.
βWealthyβ is the correct antonym because it means having a great deal of money, property, or other valuable assets; rich. This directly contrasts with being unable to pay debts, as a wealthy person possesses ample resources.
- βRuinedβ is incorrect as it is a synonym or very close in meaning to insolvent, describing a state of being severely damaged or destroyed, often financially.
- βMountedβ is incorrect. This word typically refers to being placed or fixed on something, or increasing in amount, and has no relevance to financial status.
- βBlastedβ is incorrect. This word can mean severely criticized, or destroyed by an explosion, neither of which relates to the financial context of βinsolvent.β