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insolvent

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adjective in·sol·vent \(ˌ)in-ˈsäl-vənt, -ˈsȯl-\

Simple Definition of insolvent

  • : not having enough money to pay debts

Source: Merriam-Webster's Learner's Dictionary

Full Definition of insolvent

  1. 1 a :  unable to pay debts as they fall due in the usual course of business b :  having liabilities in excess of a reasonable market value of assets held

  2. 2 :  insufficient to pay all debts <an insolvent estate>

insolvent noun

1591

First Known Use of insolvent

1591

Rhymes with insolvent


Law Dictionary

insolvent

play
adjective in·sol·vent \in-ˈsäl-vənt\

Legal Definition of insolvent

  1. 1 :  having ceased paying or unable to pay debts as they fall due in the usual course of business — compare bankrupt

  2. 2 :  having liabilities in excess of a reasonable market value of assets held

  3. 3 :  insufficient to pay all debts <an insolvent estate>

insolvent noun




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