insolvent: Meaning and Definition of


Pronunciation: (in-sol'vunt), [key]
— adj.
  1. not solvent; unable to satisfy creditors or discharge liabilities, either because liabilities exceed assets or because of inability to pay debts as they mature.
  2. pertaining to bankrupt persons or bankruptcy.
  1. a person who is insolvent.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also: