释义 |
insolvent
in·sol·vent I0165500 (ĭn-sŏl′vənt)adj.1. a. Unable to meet debts or discharge liabilities; bankrupt.b. Insufficient to meet all debts, as an estate or fund.2. Of or relating to bankrupt persons or entities.n. A bankrupt.insolvent (ɪnˈsɒlvənt) adj1. (Law) (of a person, company, etc) having insufficient assets to meet debts and liabilities; bankrupt2. (Law) of or relating to bankrupts or bankruptcyn (Law) a person who is insolvent; bankrupt inˈsolvency nin•sol•vent (ɪnˈsɒl vənt) adj. 1. not solvent; unable to satisfy creditors or discharge liabilities. 2. pertaining to bankrupt persons or bankruptcy. n. 3. a person who is insolvent. [1585–95] ThesaurusNoun | 1. | insolvent - someone who has insufficient assets to cover their debtsbankruptnonstarter, unsuccessful person, loser, failure - a person with a record of failing; someone who loses consistently | Adj. | 1. | insolvent - unable to meet or discharge financial obligations; "an insolvent person"; "an insolvent estate"solvent - capable of meeting financial obligations |
insolventadjective bankrupt, ruined, on the rocks (informal), broke (informal), failed, gone bust (informal), in receivership, gone to the wall, in the hands of the receivers, in queer street (informal) Two years later, the bank was declared insolvent.Translationsinsolventeinsolventeinsolvenzainsolvent
insolvent (of a person, company, etc.) having insufficient assets to meet debts and liabilities; bankrupt Insolvent Related to Insolvent: IPOINSOLVENT. This word has several meanings. It signifies a person whose estate is not sufficient to pay his debts. Civ. Code of Louisiana, art. 1980.. A person is also said to be insolvent, who is under a present inability to answer, in the ordinary course of business, the responsibility which his creditors may enforce, by recourse to legal measures, without reference to his estate proving sufficient to pay all his debts, when ultimately wound up. 3 Dowl. & Ryl. Rep. 218; 1 Maule & Selw. 338; 1 Campb. it. 492, n.; Sugd. Vend. 487, 488. It signifies the situation of a person who has done some notorious act to divest himself of all his property, as a general assignment, or an application for relief, under bankrupt or insolvent laws. 1 Peters' R. 195; 2 Wheat. R. 396; 7 Toull. n. 45; Domat, liv. 4, t. 5, n. 1 et 2; 2 Bell's Com. 162, 5th ed. 2. When an insolvent delivers or offers to deliver up all his property for the benefit of his creditors, he is entitled to be discharged under the laws of the, several states from all liability to be arrested. Vide 2 Kent, Com. 321 Ingrah. on Insolv. 9; 9 Mass. R. 431; 16 Mass. R. 53. 3. The reader will find the provisions made by the national legislature on this subject, by a reference to the following acts of congress, namely: Act of March 3, 1797, 1 Story, L. U. S. 465; Act of March 2, 1799; 1 Story, L. S. 630; Act of March 2, 1831, 4 Sharsw. Cont. of Story, L. U. S. 2236; Act of June 7, 1834, 4 Sharsw. Cont. of Story, L. U. S. 2358; Act of March 2, 1837, 4 Sharsw. Cont. of Story, L. U. S. 2536. See Bankrupt. insolvent
InsolventA firm that is unable to pay debts (its liabilities exceed its assets).InsolvencyDescribing a situation in which an individual or firm is unable to service its debts. This occurs when the individual or firm has a little or no cash flow, and may occur due to poor cash management. An insolvent individual or firm often declares bankruptcy, or it may arrive at an understanding with creditors in which it restructures payments.insolvent Unable to meet debts or discharge liabilities. Compare solvent.insolventThe condition that exists when (1) one's liabilities are greater than assets,so that a complete liquidation even at fair market value would not pay all debts,or (2) one's current income is not sufficient to pay current bills, resulting in the need to contribute more cash to the organization or default on some payments. insolvent Related to insolvent: IPOSynonyms for insolventadj bankruptSynonyms- bankrupt
- ruined
- on the rocks
- broke
- failed
- gone bust
- in receivership
- gone to the wall
- in the hands of the receivers
- in queer street
Synonyms for insolventnoun someone who has insufficient assets to cover their debtsSynonymsRelated Words- nonstarter
- unsuccessful person
- loser
- failure
adj unable to meet or discharge financial obligationsAntonyms |