Meaning Of The Word Insolvent
What's the definition of Insolvent? Find Insolvent meanings, definitions and more at the Real Dictionary online.
Insolvent Meaning
| Insolvent Definition |
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What's The Definition Of Insolvent?
insolvent
A person or organization that is insolvent does not have enough money to pay their debts. insolvent in Accounting adjective: If you are insolvent, you do not have enough money to pay your debts. insolvent in American English not solvent; unable to pay debts as they become due; bankrupt adjective: not solvent; unable to satisfy creditors or discharge liabilities, either because liabilities exceed assets or because of inability to pay debts as they mature noun: a person who is insolvent insolvent in British English adjective: (of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt noun: a person who is insolvent; bankrupt insolvent in Finance adjective: If you are insolvent, you do not have enough money to pay your debts. |
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