Insolvent - English Dictionary

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Insolvent - English Dictionary

 





1. Not solvent; not having sufficient estate to pay one's debts; unable to pay one's debts as they fall due, in the ordinary course of trade and business; as, in insolvent debtor.
2. Not sufficient to pay all the debts of the owner; as, an insolvent estate.
3. Relating to persons unable to pay their debts.
4. One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders.
5. someone who has insufficient assets to cover their debts

Related words

bankrupt insolvency solvent



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