Insolvency is the state of being unable to pay the money owed, by a person or company, on ... than its assets, and actual insolvency is a synonym for the first definition of insolvency ("Insolvency is the inability of a debtor to pay their debt.").
Define insolvent: not having enough money to pay debts — insolvent in a sentence.
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.
Definition of insolvent: Person or firm whose liabilities exceed the value of owned assets. It is commonly illegal for the directors of an insolvent firm to continue to ...
unable to pay debts owed Meaning, pronunciation, example sentences, and more from Oxford Dictionaries.
Insolvent definition, not solvent; unable to satisfy creditors or discharge liabilities, either because liabilities exceed assets or because of inability to pay debts as ...
Jan 25, 2013 ... Your company will be considered to be insolvent under English law if it is unable to ... Basically, this means that the company has gone bust.
insolvent meaning, definition, what is insolvent: (especially of a company) not having enough money to pay debts, buy goods, etc.. Learn more.