Insolvent (noun) Definition, Meaning & Examples

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
  1. a person who is insolvent.
adjective
  1. (of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt
  2. of or relating to bankrupts or bankruptcy
noun
  1. a person who is insolvent; bankrupt
Insolvent (noun) Definition, Meaning & Examples

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