Illiquid vs. Insolvent

Illiquidadjective

(finance) Lacking liquidity; unable to be converted into cash.

Insolventadjective

Unable to pay one's bills as they fall due.

Insolventadjective

Owing more than one has in assets.

Insolventadjective

Not sufficient to pay all the debts of the owner.

Insolventnoun

(legal) One who is insolvent; an insolvent debtor.

Insolventadjective

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.

Insolventnoun

One who is insolvent; as insolvent debtor; - in England, before 1861, especially applied to persons not traders.

Insolventnoun

someone who has insufficient assets to cover their debts

Insolventadjective

unable to meet or discharge financial obligations;