INSOLVENT


Meaning of INSOLVENT in English

transcription, транскрипция: [ (ˌ)in-ˈsäl-vənt, -ˈsȯl- ]

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's Collegiate English vocabulary.      Энциклопедический словарь английского языка Merriam Webster.