lacking funds; insolvent; without financial resources
Formal or legal term for a person or entity that has no money or financial means. Often used in contexts like 無資力者 (insolvent person) or 無資力の状態 (state of insolvency).
He was unable to repay his debts because he lacked funds.
It is difficult to collect damages from an insolvent person.
貧困 is a broader term for poverty, whereas 無資力 is more specific to the lack of financial resources or solvency.
Compound of 無 (mu, 'without') and 資力 (shiryoku, 'financial resources'). The exact historical derivation is uncertain, but the word follows a common Sino-Japanese pattern for negation.