Insolvents
Definitions
- (n.) Plural of insolvent, meaning entities or persons unable to pay their debts as they become due.
The insolvents were required to declare bankruptcy under the insolvency laws.
Forms
- insolvent
Related terms
See also
Commentary
Used solely as a plural form; substantive meaning is under the singular 'insolvent'.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.