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LAW DICTIONARY

 insolvent

Dictionary: insolvent

Adjective

  1. A person not able to pay his or her debts as they become due. "Insolvency" is a prerequisite to bankruptcy.

Wiktionary: insolvent

Adjective

insolvent (comparative more insolvent, superlative most insolvent)

  1. Unable to pay one's bills as they fall due.
  2. Owing more than one has in assets.

Antonyms

  • solvent

Derived terms

This entry is from Wiktionary - Dictionary and thesaurus. Licensed under the Creative Commons Attribution/Share-Alike License.




 

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