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Thesaurus: insolvent

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.

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  1. 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.
  2. a. Not sufficient to pay all the debts of the owner; as, an insolvent estate.
  3. a. Relating to persons unable to pay their debts.
  4. n. One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders.
  5. adj. unable to meet or discharge financial obligations
  6. n. someone who has insufficient assets to cover their debts
  7. (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. One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders. Bouvier.
  8. One who is insolvent; as insolvent debtor; -- in England,before 1861, especially applied to persons not traders. Bouvier.
  9. j:100 a. unable to meet or discharge financial obligations