Insolvent

Webster's Dictionary of the English Language

·adj Relating to persons unable to pay their debts.

II. Insolvent ·adj Not sufficient to pay all the debts of the owner; as, an insolvent estate.

III. Insolvent ·noun One who is insolvent; as insolvent debtor;

— in England, before 1861, especially applied to persons not traders.

IV. Insolvent ·adj 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.