Insolvent In*sol"vent, a. [Pref. in- not + solvent: cf. OF. insolvent.] (Law) (a) Not solvent; not having sufficient estate to pay one's debts; unable to pay one's debts as they fall due, in the ordinary course of trade and business; as, in insolvent debtor. (b) Not sufficient to pay all the debts of the owner; as, an insolvent estate. (c) Relating to persons unable to pay their debts. [1913 Webster]

{Insolvent law}, or {Act of insolvency}, a law affording relief, -- subject to various modifications in different States, -- to insolvent debtors, upon their delivering up their property for the benefit of their creditors; bankruptcy law. See {Bankrupt law}, under {Bankrupt}, a. [1913 Webster]

The Collaborative International Dictionary of English. 2000.


Look at other dictionaries:

  • insolvent — insolvent …   Deutsch Wörterbuch

  • insolvent — in·sol·vent /in säl vənt/ adj 1: having ceased paying or unable to pay debts as they fall due in the usual course of business compare bankrupt 2: having liabilities in excess of a reasonable market value of assets held 3: insufficient to pay all… …   Law dictionary

  • insolvent — insolvént adj. m., pl. insolvénţi; f. sg. insolvéntă, pl. insolvénte Trimis de siveco, 06.01.2008. Sursa: Dicţionar ortografic  INSOLVÉNT, Ă adj. (jur.) Insolvabil. [ …   Dicționar Român

  • Insolvent — In*sol vent, n. (Law) One who is insolvent; as insolvent debtor; in England, before 1861, especially applied to persons not traders. Bouvier. [1913 Webster] …   The Collaborative International Dictionary of English

  • insolvent — [in säl′vənt] adj. 1. not solvent; unable to pay debts as they become due; bankrupt 2. not enough to pay all debts [an insolvent inheritance] 3. of insolvents or insolvency n. an insolvent person …   English World dictionary

  • insolvent — (1) The inability to pay ones debts as they come due. (2) When one s liabilities exceed the value of one s assets. An exemption under state or federal law which protects all or a portion of the homestead (SA Inability of a person… …   Glossary of Bankruptcy

  • insolvent — ► ADJECTIVE 1) having insufficient money to pay debts owed. 2) relating to bankruptcy. ► NOUN ▪ an insolvent person. DERIVATIVES insolvency noun …   English terms dictionary

  • Insolvent — (v. lat), zahlungsunfähig; daher Insolvenz, Zahlungsunfähigkeit, s.u. Banquerott …   Pierer's Universal-Lexikon

  • Insolvént — (lat.), zahlungsunfähig; Insolvénz, Zahlungsunfähigkeit eines Schuldners (s. Konkurs) …   Meyers Großes Konversations-Lexikon

  • Insolvént — (lat.), zahlungsunfähig; Insolvénz, Zahlungsunfähigkeit …   Kleines Konversations-Lexikon

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