Associations to the word «Insolvent»

Wiktionary

INSOLVENT, adjective. Unable to pay one's bills as they fall due.
INSOLVENT, adjective. Owing more than one has in assets.
INSOLVENT, adjective. Not sufficient to pay all the debts of the owner.
INSOLVENT, noun. (legal) One who is insolvent; an insolvent debtor.

Dictionary definition

INSOLVENT, noun. Someone who has insufficient assets to cover their debts.
INSOLVENT, adjective. Unable to meet or discharge financial obligations; "an insolvent person"; "an insolvent estate".

Wise words

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky