Meaning Of Insolvent

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.

a.

Not sufficient to pay all the debts of the owner; as, an insolvent estate.

a.

Relating to persons unable to pay their debts.

n.

One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders.