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: unable to pay debts as they fall due in the usual course of business — insolvent in a sentence.
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 ...
Insolvent definition: A person or organization that is insolvent does not have enough money to pay their debts. | Meaning, pronunciation, translations and ...
Define insolvent. insolvent synonyms, insolvent pronunciation, insolvent translation, English dictionary definition of insolvent. adj. 1. a. Unable to meet debts or ...
insolvent meaning, definition, what is insolvent: (especially of a company) not having enough money to pay debts, buy goods, etc.. Learn more.
When an individual or organization can no longer meet its financial obligations with its lender or lenders as debts become due. Insolvency can lead to ...
What is the difference between Bankruptcy and Insolvency? Definition: Insolvency vs. Bankruptcy.