The difference between Illiquid and Insolvent
When used as adjectives, illiquid means lacking liquidity, whereas insolvent means unable to pay one's bills as they fall due.
Insolvent is also noun with the meaning: one who is insolvent.
check bellow for the other definitions of Illiquid and Insolvent
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Illiquid as an adjective (finance):
Lacking liquidity; unable to be converted into cash.
Examples:
"Investment in illiquid assets may prove to be a mistake if the market turns down."
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Insolvent as an adjective:
Unable to pay one's bills as they fall due.
Examples:
"an insolvent debtor"
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Insolvent as an adjective:
Owing more than one has in assets.
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Insolvent as an adjective:
Not sufficient to pay all the debts of the owner.
Examples:
"an insolvent estate"
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Insolvent as a noun (legal):
One who is insolvent; an insolvent debtor.
Examples:
"rfquotek Bouvier"