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 ("Insolv...
Define insolvent: not having enough money to pay debts — insolvent in a
Define insolvent. insolvent synonyms, insolvent pronunciation, insolvent
translation, English dictionary definition of insolvent. adj. 1. a. Unable to meet
debts or ...
Insolvent definition, not solvent; unable to satisfy creditors or discharge liabilities,
either because liabilities exceed assets or because of inability to pay debts as ...
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 ...
Definition of insolvency: In legal terminology, the situation where the liabilities of
a person or firm exceed its assets. In practice, however, insolvency is the ...
Sep 17, 2015 ... A taxpayer is insolvent when his or her total liabilities exceed his or her total
assets. The forgiven debt may be excluded as income under the ...
Insolvency can lead to insolvency proceedings, in which legal action will be
taken against the insolvent entity, and assets may be liquidated to pay off ...
4 days ago ... insolvent meaning, definition, what is insolvent: (especially of a company) not
having enough money to pay debts, buy goods, etc.. Learn more.
Jan 25, 2013 ... Insolvency is a term used for both companies and individuals. As an individual,
it's more popularly known as Bankruptcy, but for a company it's ...