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4 definitions found

From: DICT.TW English-Chinese Dictionary 英漢字典

 in·sol·vent /(ˌ)ɪnˈsɑlvənt, ˈsɔl-/

From: Webster's Revised Unabridged Dictionary (1913)

 In·sol·vent a.  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; bankruptcy law.  See Bankrupt law, under Bankrupt, a.

From: Webster's Revised Unabridged Dictionary (1913)

 In·sol·vent, n. Law One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders.

From: WordNet (r) 2.0

      adj : unable to meet or discharge financial obligations; "an
            insolvent person"; "an insolvent estate" [ant: solvent]
      n : someone who has insufficient assets to cover their debts
          [syn: bankrupt]