Definition of insolvent :
1. 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.
2. Not sufficient to pay all the debts of the owner; as, an insolvent estate.
3. One who is insolvent; as insolvent debtor; - in England, before 1861, especially applied to persons not traders.
4. Relating to persons unable to pay their debts.
in receivership, back, in a hole, busted, poor, broke, in the hands of receivers, wiped out, bailiff, in the red, unbalanced, debtor, out of credit, indebted, ruined, flat, on the rocks, out of funds, red ink, debt-ridden, broken, in default, done for, out of money, bankrupt, liable, gone to the wall, failed, overdrawn, delinquent, in chapter XI, sent to the cleaners, foreclosed
- " They didn't find the road insolvent, but they are going to make it so in the shortest possible order. - "The Grafters", Francis Lynde.
- Again those days came, and again they found me insolvent. - "Ellen Middleton--A Tale", Georgiana Fullerton.
- No, his speculations in houses that he had built by people that were insolvent. - "The Petty Troubles of Married Life, Complete", Honore de Balzac.