Insolvent /(?)/

In·sol·vent

Insolvent

a.
  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. (Law)

Phrases & Compounds
Insolvent law
a law affording relief, -- subject to various modifications in different States, -- to insolvent debtors, upon their delivering up their property for the benefit of their creditors; bankruptcy law. See Bankrupt law, under Bankrupt, a.

Insolvent

n.
  1. One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders. (Law)