Definition of insolvent

• a. - 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.
• a. - Not sufficient to pay all the debts of the owner; as, an insolvent estate.
• a. - Relating to persons unable to pay their debts.
• n. - One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders.