Online Dictionary: translate word or phrase from Indonesian to English or vice versa, and also from english to english on-line.
Hasil cari dari kata atau frase: Insolvent law (0.00988 detik)
Found 1 items, similar to Insolvent law.
English → English (gcide)
Definition: Insolvent law
Insolvent
\In*sol"vent\, a. [Pref. in- not + solvent: cf. OF.
insolvent.] (Law)
(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.
(b) Not sufficient to pay all the debts of the owner; as,
an insolvent estate.
(c) Relating to persons unable to pay their debts.
[1913 Webster]
Insolvent law, or
Act of insolvency, 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.
[1913 Webster]
Advertisement