Insolvent or insolvent ( one word ) means bankrupt; unable to pay debts and bills --
The company is insolvent, and will probably be sold.
He is insolvent; he may declare bankruptcy.
In solvent or in solvent ( two words ) means [ in ] a liquid used to dissolve something ( solvent )--
Those brushes will be fine if you leave them in solvent overnight.
The particles are suspended in solvent; they should be evenly distributed.
Now that you know that you can say--
"This business is insolvent; the parts left soaking in solvent will have to be disposed of properly."
Note -- "solvent" also means able to pay debts and bills --
The company is solvent now, but how long can it remain profitable?
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