INSOLVENT


Meaning of INSOLVENT in English

adj.

Pronunciation: ( ˌ )in- ' säl-v ə nt, - ' so ̇ l-

Function: adjective

Date: 1591

1 a (1) : unable to pay debts as they fall due in the usual course of business (2) : having liabilities in excess of a reasonable market value of assets held b : insufficient to pay all debts <an insolvent estate> c : not up to a normal standard or complement : IMPOVERISHED

2 : relating to or for the relief of insolvents

– insolvent noun

Merriam Webster Collegiate English Dictionary.      Merriam Webster - Энциклопедический словарь английского языка.