About The Word Insolvent
Learn about the word Insolvent to help solve your crossword puzzle. Discover Insolvent definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Insolvent
| Insolvent Definition And Meaning |
|---|
What's The Definition Of Insolvent?
[n] someone who has insufficient assets to cover their debts
[adj] unable to meet or discharge financial obligations; "an insolvent person"; "an insolvent estate" Synonyms | Synonyms for Insolvent: bankrupt | bankrupt Related Terms | Find terms related to Insolvent: bankrupt | broke | broken | busted | destitute | down-and-out | failed | failure | fortuneless | homeless | impoverished | in Queer Street | in receivership | in the gutter | in the red | indebted | insolvent debtor | lame duck | landless | moneyless | on the rocks | out of funds | penniless | propertyless | ruined | unsound | wiped out | without a sou See Also | failure | loser | nonstarter | unsuccessful person Insolvent In Webster's Dictionary \In*sol"vent\, a. [Pref. in- not + solvent: cf. OF.
insolvent.] (Law)
(a) 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.
(b) Not sufficient to pay all the debts of the owner; as,
an insolvent estate.
(c) Relating to persons unable to pay their debts.
{Insolvent law}, or {Act of insolvency}, a law affording
relief, -- subject to various modifications in different
States, -- to insolvent debtors, upon their delivering up
their property for the benefit of their creditors. See
{Bankrupt law}, under {Bankrupt}, a.
\In*sol"vent\, n. (Law) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders. --Bouvier. |
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