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insolvent

One entry found.

Main Entry: in·sol·vent
Pronunciation: \(ˌ)in-ˈsäl-vənt, -ˈsl-\
Function: adjective
Date: 1591

1 a (1) : unable to pay debts as they fall due in the usual course of business (2) : having liabilities in excess of a reasonable market value of assets held b : insufficient to pay all debts <an insolvent estate> c : not up to a normal standard or complement : impoverished
2 : relating to or for the relief of insolvents

insolvent noun


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