Certification Regarding Debarment, Suspension, Ineligibility and Voluntary Exclusion Lower Tier Covered Transactions â¬ This certification is required by the regulations implementing Executive Order 12549, Debarment and Suspension, 13 CFR Part 145. The regulations were published as Part VII of the May 26, 1988 Federal Register (pages 19160-19211).
Legal Definition of insolvent. 1  1 : having ceased paying or unable to pay debts as they fall due in the usual course of business â compare bankrupt. 2  2 : having liabilities in excess of a reasonable market value of assets held. 3  3 : insufficient to pay all debts an insolvent estate.
Soluble describes something that can be dissolved in water. Insoluble describes something that can not be dissolved in water. Salt is soluble, it will dissolve in water. Oil â¦ is insoluble, oil will float on the surface of water.oney is soluble in Water. Think of it this way: No matter how hot you make water, oil will not dissolve in it. But, if you make water hot and put in honey (think tea with hon â¦ ey) the honey will dissolve.