choose the word or group of words that is nearest in meaning to the underlined word as it is used in the sentence. The new bank is fast becoming insolvent.

choose the word or group of words that is nearest in meaning to the underlined word as it is used in the sentence.

The new bank is fast becoming insolvent.

Answer Details

The underlined word "insolvent" means bankrupt. In the sentence, "The new bank is fast becoming insolvent," it means that the bank is running out of money and cannot pay its debts. The word "fast" implies that this is happening quickly and the bank is at risk of going out of business.