Insolvent

Learn about the definition for this legal term.

What is Insolvent?

The inability to pay debts as they become due in the ordinary course of business,

Related Business Organizations Terms

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
July 2023 Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now