 Sat Apr 29, 2006 9:07 am Difference between insolvent and broke |
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Hi
The word 'broke' is an informal word and can be used to talk about a temporary or short-term lack of money --- for example, a person who has no money until he receives his next paycheck or until he has an opportunity to go to the bank.
The word 'insolvent' is more formal and indicates a more permanent or long-term lack of money. If you're insolvent, your money problems would also be much bigger than ten pounds.
Amy
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Amy
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ESL teacher, translator, and a native speaker of American English |
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Yankee
I'm a Communicator ;-)
Joined: 16 Apr 2006
Posts: 6850
Location: USA
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