Meaning Of The Word Insolvent

Real Dictionary
  1. Real Dictionary
  2. I Words Definitions
  3. Section I-159
  4. Insolvent

What's the definition of Insolvent? Find Insolvent meanings, definitions and more at the Real Dictionary online.

Insolvent Meaning

Insolvent Definition
Insolvent Definition

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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