meaning of insolvent
1. Not solvent; not having sufficient estate to pay ones debts; unable to pay ones 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
