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insolvent - 7 dictionary results
in⋅sol⋅vent
[in-sol-vuh
nt] 
–adjective
| 1. | not solvent; unable to satisfy creditors or discharge liabilities, either because liabilities exceed assets or because of inability to pay debts as they mature. |
| 2. | pertaining to bankrupt persons or bankruptcy. |
–noun
| 3. | a person who is insolvent. |
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Based on the Random House Dictionary, © Random House, Inc. 2009.
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|
Link To insolvent
| in·sol·vent (ĭn-sŏl'vənt) adj.
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The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Insolvent
In*sol"vent\, a. [Pref. in- not + solvent: cf. OF. insolvent.] (Law) (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. (b) Not sufficient to pay all the debts of the owner; as, an insolvent estate. (c) Relating to persons unable to pay their debts. Insolvent law, or Act of insolvency, a law affording relief, -- subject to various modifications in different States, -- to insolvent debtors, upon their delivering up their property for the benefit of their creditors. See Bankrupt law, under Bankrupt, a.Insolvent
In*sol"vent\, n. (Law) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders. --Bouvier.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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insolvent
1591, "unable to pay one's debts," from in- "not" + L. solventem "paying" (see solvent). Originally of one who was not a trader; only traders could become bankrupt.
Online Etymology Dictionary, © 2001 Douglas Harper
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Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Copyright © 2003. Published by Houghton Mifflin.
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Main Entry: in·sol·vent
Pronunciation: in-'säl-v&nt
Function: adjective
1 : having ceased paying or unable to pay debts as they fall due in the usual course of business —compare BANKRUPT
2 : having liabilities in excess of a reasonable market value of assets held
3 : insufficient to pay all debts
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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