Insolvent
(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.
Insolvent - Other Definitions
- (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.
- (a.) Not sufficient to pay all the debts of the owner; as, an insolvent estate.
- (a.) Relating to persons unable to pay their debts.
- (n.) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders.
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