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Definition of Insolvent
1. Adjective. Unable to meet or discharge financial obligations. "An insolvent estate"
2. Noun. Someone who has insufficient assets to cover their debts.
Generic synonyms: Failure, Loser, Nonstarter, Unsuccessful Person
Derivative terms: Bankrupt
Definition of Insolvent
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. n. One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders.
Definition of Insolvent
1. Adjective. Unable to pay one's bills as they fall due. ¹
2. Adjective. Owing more than one has in assets. ¹
3. Noun. (legal) One who is insolvent; an insolvent debtor. ¹
¹ Source: wiktionary.com
Definition of Insolvent
1. [n -S]
Lexicographical Neighbors of Insolvent
Literary usage of Insolvent
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1922)
"lowed by the judge, as provided in section 1113 of the Penal Code of 1910, this
insolvent cost will be paid out of the fines and forfeitures fund as other ..."
2. Commentaries on American Law by James Kent, John Melville Gould, Oliver Wendell Holmes (1901)
"For debts fraudulently, improvidently, or maliciously contracted, and for damages
arising upon torts, or acts ex delicio, the insolvent is ..."
3. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1920)
"The latter found »that the debtor had been insolvent for four months or more
before the filing of the petition and hnd made, while so insolvent, ..."
4. Thirty Years' View, Or, A History of the Working of the American Government by Thomas Hart Benton (1856)
"If the creditors do not proceed, the petition of the insolvent trader only releases
his person. Being subject to bankruptcy, his creditors may call him into ..."
5. Reports of Cases Argued and Determined in the Court of King's Bench by Great Britain Court of King's Bench, John Leycester Adolphus (1839)
"By indenture, dated 14th November 1834, between debts owing to J the creditors
the insolvent of the first part, the two plaintiffs, Binns joining in the and ..."
6. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1889)
"The insolvency of Strauss & Levy- was known, or might have been known, to Klein,
and, therefore, when be undertook to deal with the assets of this insolvent ..."
7. The Law and Practice in Bankruptcy by Orlando Bump, Eugene Williams, United States (1898)
"insolvent Laws Suspended by Bankruptcy Act. —The federal bankruptcy acts operate
to suspend the etate insolvent lawe in force at the passage of the former, ..."
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