become insolvent

verb

Roget 808: not pay etc. 807; fail, break, stop payment; become insolvent, become bankrupt; be gazetted.    protest, dishonor, repudiate, nullify, refuse payment.    pay under protest; button up one's pockets, draw the purse strings; apply the sponge; pay over the left shoulder, get whitewashed; swindle etc. 791; run up bills, fly kites.    ... show more

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