Dictionary
insolvent
adjective in·sol·vent \(ˌ)in-ˈsäl-vənt, -ˈsȯl-\
: not having enough money to pay debts
Full Definition of INSOLVENT
1
a : unable to pay debts as they fall due in the usual course of business b : having liabilities in excess of a reasonable market value of assets held
2
: insufficient to pay all debts <an insolvent estate>
— insolvent noun
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First Known Use of INSOLVENT
1591
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