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Meaning of INSOLVENT

Pronunciation:  in'sâlvunt

 
WordNet Dictionary
 
 Definition: 
  1. [n]  someone who has insufficient assets to cover their debts
  2. [adj]  unable to meet or discharge financial obligations; "an insolvent person"; "an insolvent estate"
 

INSOLVENT is a 9 letter word that starts with I.

 

 Synonyms: bankrupt, bankrupt
 
 Antonyms: solvent
 
 See Also: failure, loser, nonstarter, unsuccessful person

 

 

Webster's 1913 Dictionary
 
 Definition: 
  1. \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.
    
    
  2. \In*sol"vent\, n. (Law)
    One who is insolvent; as insolvent debtor; -- in England,
    before 1861, especially applied to persons not traders.
    --Bouvier.
    
    
 
Legal Dictionary
 
 Definition: When the total debt of an entity is greater than all of its property.
 
Thesaurus Terms
 
 Related Terms: 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
 

 

 

 

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