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Insolvent vs Brokage - What's the difference?

insolvent | brokage |

As nouns the difference between insolvent and brokage

is that insolvent is (legal) one who is insolvent; an insolvent debtor while brokage is (archaic) the act of a broker; brokerage.

As an adjective insolvent

is unable to pay one's bills as they fall due.

insolvent

English

Adjective

(en adjective)
  • Unable to pay one's bills as they fall due.
  • an insolvent debtor
  • Owing more than one has in assets.
  • Not sufficient to pay all the debts of the owner.
  • an insolvent estate

    Synonyms

    * See also

    Antonyms

    * solvent

    Derived terms

    * insolvency

    Noun

    (en noun)
  • (legal) One who is insolvent; an insolvent debtor.
  • (Bouvier)

    Usage notes

    * In England, before 1861, especially applied to persons who were not traders. ----

    brokage

    English

    Noun

  • (archaic) The act of a broker; brokerage.
  • *
  • (Webster 1913)