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- DictionaryIn·sol·vent/inˈsälv(ə)nt/
adjective
- 1. unable to pay debts owed: "the company became insolvent"
noun
- 1. an insolvent person.
The meaning of INSOLVENT is unable to pay debts as they fall due in the usual course of business. How to use insolvent in a sentence.
INSOLVENT meaning: 1. (especially of a company) not having enough money to pay debts, buy goods, etc. 2. (especially…. Learn more.
Apr 11, 2024 · Insolvency is a state of financial distress in which a business or person is unable to pay their bills. Insolvency can lead to insolvency proceedings, in which legal action will be...
INSOLVENT definition: 1. (especially of a company) not having enough money to pay debts, buy goods, etc. 2. (especially…. Learn more.
adjective. not solvent; unable to satisfy creditors or discharge liabilities, either because liabilities exceed assets or because of inability to pay debts as they mature. Synonyms: bankrupt, impoverished, destitute, penniless. pertaining to bankrupt persons or bankruptcy.
adjective. 1. (of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt. 2. of or relating to bankrupts or bankruptcy. noun. 3. a person who is insolvent; bankrupt. Collins English Dictionary.
Definitions of insolvent. adjective. unable to meet or discharge financial obligations. “an insolvent person”. “an insolvent estate”. synonyms: bankrupt, belly-up. financially ruined. see more.
insolvency. noun. in· sol· ven· cy in-ˈsäl-vən-sē. plural insolvencies. 1. : the fact or state of being insolvent compare bankruptcy. 2. : insufficiency (as of an estate) to discharge all enforceable debts. Note: Insolvency matters are covered under the Bankruptcy Code.
insolvent. ( ɪnˈsɒlvənt) adj. 1. (Law) (of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt. 2. (Law) of or relating to bankrupts or bankruptcy. n. (Law) a person who is insolvent; bankrupt.
( especially of a company) the condition of not having enough money to pay debts, buy goods, etc., or an occasion when this happens: The country will face insolvency unless the government adopts cost-cutting measures. Analysts are predicting that corporate and personal insolvencies could start rising next year. See. insolvent. Fewer examples.
