- insolvent estate
- The estate of a decedent which is to be administered according to a special statutory method because of the fact of insolvency. 31 Am J2d Ex & Ad § 312.
Ballentine's law dictionary. Anderson, W.S.. 1998.
insolvent estate
Look at other dictionaries:
insolvent estate — England, Wales The assets that an insolvency practitioner may deal with for the benefit of creditors, upon his appointment to manage the affairs of an insolvent entity. In the case of an insolvent company, the insolvent estate comprises those… … Law dictionary
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 … The Collaborative International Dictionary of English
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… … The Collaborative International Dictionary of English
insolvent — in·sol·vent /in säl vənt/ adj 1: having ceased paying or unable to pay debts as they fall due in the usual course of business compare bankrupt 2: having liabilities in excess of a reasonable market value of assets held 3: insufficient to pay all… … Law dictionary
insolvent — adjective Date: 1591 1. a. (1) unable to pay debts as they fall due in the usual course of business (2) having liabilities in excess of a reasonable market value of assets held b. insufficient to pay all debts < an insolvent estate > c. not up to … New Collegiate Dictionary
insolvent — (1) The inability to pay ones debts as they come due. (2) When one s liabilities exceed the value of one s assets. An exemption under state or federal law which protects all or a portion of the homestead (SA Bankruptcy.com) Inability of a person… … Glossary of Bankruptcy
Hypo Real Estate — Holding AG Rechtsform Aktiengesellschaft Gründung 2003 Sitz … Deutsch Wikipedia
Act of insolvency — 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… … The Collaborative International Dictionary of English
bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… … Universalium
South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… … Wikipedia
