INSOLVENT


Meaning of INSOLVENT in English

I. -vənt adjective

Etymology: in- (I) + Latin solvent-, solvens (present participle)

1.

a. : unable or having ceased to pay debts as they fall due in the usual course of business ; specifically : having liabilities in excess of a reasonable market value of assets held — compare bankrupt

b. : insufficient to pay all debts charged against it

an insolvent estate

c. : impoverished , deficient

these morally insolvent teachers

insolvent beliefs

2. : relating to or for the relief of insolvents

insolvent regulations

II. noun

: an insolvent debtor

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.