solvency — the ability of a person or organization to pay their debts
Part of speech: NOUN
Definition: the ability of a person or organization to pay their debts
Pronunciation (IPA): /ˈsɑːlvənsi/
Example Sentences
- The CEO assured investors that despite recent losses, the company's solvency remained strong.
- My wallet's solvency is directly proportional to how far I am from the shopping mall.
- The auditors spent weeks analyzing the bank's solvency before giving their approval.
solvency
NOUN[/ˈsɑːlvənsi/]
the ability of a person or organization to pay their debts
The shopkeeper proudly shows the banker his solvency by paying every debt in full.
Financial fluency through deal frequency builds true solvency!
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🎤Pronunciation
🌳Etymology
Origin
The word derives from Latin 'solvere', meaning 'to loosen' or 'to resolve'. It evolved to denote the capacity to resolve or pay off debts, referring to a person's or organization's financial ability to meet obligations.
Breakdown
solve- (from Latin solvere, 'to loosen' or 'resolve') + -ency (a suffix forming nouns denoting state or quality), literally meaning 'the state of being able to resolve or pay'.
🎵Rhyme
🔗Collocations
📝Examples
“The CEO assured investors that despite recent losses, the company's solvency remained strong.”
“My wallet's solvency is directly proportional to how far I am from the shopping mall.”
“The auditors spent weeks analyzing the bank's solvency before giving their approval.”
“After buying the latest smartphone, my personal solvency is now under serious investigation.”
📚Related Words
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