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Definition of Insolvent
1. Noun. Someone who has insufficient assets to cover their debts.
Exact synonyms: Bankrupt
Generic synonyms: Failure, Loser, Nonstarter, Unsuccessful Person
Derivative terms: Bankrupt
Generic synonyms: Failure, Loser, Nonstarter, Unsuccessful Person
Derivative terms: Bankrupt
2. Adjective. Unable to meet or discharge financial obligations. "An insolvent estate"
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. [n -S]