- not solvent; unable to pay debts as they become due; bankrupt
- not enough to pay all debts: an insolvent inheritance
- of insolvents or insolvency
- Insolvent is defined as being bankrupt and unable to pay debts.
A person who has $10 and owes $100 is an example of someone who is insolvent.
- The definition of an insolvent is a person who is bankrupt or unable to pay his or her debts.
A person who owes $100 but who only has $10 is an example of an insolvent.
- a. Unable to meet debts or discharge liabilities; bankrupt.b. Insufficient to meet all debts, as an estate or fund.
- Of or relating to bankrupt persons or entities.
(comparative more insolvent, superlative most insolvent)
- Unable to pay one's bills as they fall due.
- an insolvent debtor
- Owing more than one has in assets.
- Not sufficient to pay all the debts of the owner.
- an insolvent estate
- (law) One who is insolvent; an insolvent debtor.
- In England, before 1861, especially applied to persons who were not traders.
in- + solvent
- Of the insolvent Banca Romana.
- There is a good deal of mystery about the end of Defoe's life; it used to be said that he died insolvent, and that he had been in jail shortly before his death.
- Kepler's claims upon the insolvent imperial exchequer amounted by this time to 12,000 florins.
- The insolvent debtor was withdrawn from the yoke of his creditor.
- When satisfied that a bank has become insolvent, the commissioner may take possession of it and wind up its affairs.