- insolvent
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in·sol·vent /in-'säl-vənt/ adj1: having ceased paying or unable to pay debts as they fall due in the usual course of business compare bankrupt2: having liabilities in excess of a reasonable market value of assets held3: insufficient to pay all debtsan insolvent estateinsolvent n
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- insolvent
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I
adjective
bankrupt, broke, defaulting, destitute, failed, impecunious, impoverished, in arrears, indebted, lacking funds, moneyless, out of funds, out of money, penniless, reduced, ruined, unable to pay
II
index
bankrupt, destitute, impecunious, poor (underprivileged), unsound (not strong)
Burton's Legal Thesaurus. William C. Burton. 2006
- insolvent
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adj.Financially unable to pay debts.n.insolvency
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- insolvent
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USASee insolvency.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
- insolvent
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When the total debt of an entity is greater than all of its property.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.