solvency
IPA: sˈɔɫvʌnsi
noun
- (finance) The state of having enough funds or liquid assets to pay all of one's debts; the state of being solvent.
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Examples of "solvency" in Sentences
- The company's solvency was in jeopardy after their major investor pulled out
- The government worked tirelessly to maintain the solvency of the national economy during the recession
- Personal finance experts recommend building an emergency fund to ensure solvency in times of unforeseen expenses
- The insurance company's solvency ratio showed strong financial stability in the face of market fluctuations
- The board of directors approved a restructuring plan to improve the company's solvency and long-term viability
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