Insolvent

What is Insolvent?

Insolvent definition and meaning on Dictionary terms:
adjective
not solvent; unable to satisfy creditors or discharge liabilities, either because liabilities exceed assets or because of inability to pay debts as they mature.
pertaining to bankrupt persons or bankruptcy.

noun
a person who is insolvent.

 

reference: https://www.dictionary.com/browse/insolvent

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