Definition of Insolvent. Meaning of Insolvent. Synonyms of Insolvent

Here you will find one or more explanations in English for the word Insolvent. Also in the bottom left of the page several parts of wikipedia pages related to the word Insolvent and, of course, Insolvent synonyms and on the right images related to the word Insolvent.

Definition of Insolvent

Insolvent
Insolvent In*sol"vent, n. (Law) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders. --Bouvier.

Meaning of Insolvent from wikipedia

- insolvency are said to be insolvent. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company...
- the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency. The word bankruptcy is derived...
- The Insolvency Service is an executive agency of the Department for Business and Trade with headquarters in London. It has around 1,700 staff, operating...
- Kingdom, only an authorised or licensed insolvency practitioner (IP) may be appointed in relation to formal insolvency procedures. Quite often IPs have an...
- Pre-packaged insolvency (a "pre-pack") is a kind of bankruptcy procedure, where a restructuring plan is agreed upon in advance of a company declaring its...
- Commercial insolvency in Canada has options and procedures that are distinct from those available in consumer insolvency proceedings. It is governed by...
- Insolvency in South African law refers to a status of diminished legal capacity (capitis diminutio) imposed by the courts on persons who are unable to...
- and Insolvency Act (BIA; French: Loi sur la faillite et l'insolvabilité) is one of the statutes that regulates the law on bankruptcy and insolvency in...
- Australian insolvency law regulates the position of companies which are in financial distress and are unable to pay or provide for all of their debts or...
- insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent...