'Insolvent' definitions:

Definition of 'insolvent'

From: WordNet
adjective
Unable to meet or discharge financial obligations; "an insolvent person"; "an insolvent estate" [ant: solvent]
noun
Someone who has insufficient assets to cover their debts [syn: bankrupt, insolvent]

Definition of 'Insolvent'

From: GCIDE
  • Insolvent \In*sol"vent\, a. [Pref. in- not + solvent: cf. OF. insolvent.] (Law) (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. (b) Not sufficient to pay all the debts of the owner; as, an insolvent estate. (c) Relating to persons unable to pay their debts. [1913 Webster]
  • Insolvent law, or Act of insolvency, a law affording relief, -- subject to various modifications in different States, -- to insolvent debtors, upon their delivering up their property for the benefit of their creditors; bankruptcy law. See Bankrupt law, under Bankrupt, a. [1913 Webster]

Definition of 'Insolvent'

From: GCIDE
  • Insolvent \In*sol"vent\, n. (Law) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders. --Bouvier. [1913 Webster]

Synonyms of 'insolvent'

From: Moby Thesaurus