What is the meaning of solvency?
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The state of being able to pay debts
The possession of assets in excess of liabilities; the ability to pay one's debts. Example : The company was confident that solvency could be maintained.
It is the possession of assets in excess of liabilities; the ability to pay one's debts. For example; the company was confident that solvency could be maintained.
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Start testSolvency is the ability of the company to pay one's debts which means that they possess more assets than liabilities.
the possession of assets in excess of liabilities; ability to pay one's debts. "the company was confident that solvency could be maintained
- Natasha Durant-OliverLactation Consultant, Motivational and Inspirational Speaker
Solvency is the ability of a company to meet its long-term debts and other financial obligations. Solvency is one measure of a company’s financial health, since it demonstrates a company’s ability to manage operations into the foreseeable future.
Solvency is the ability of a company to meet its long-term debts and other financial obligations.
It means in good financial health, whereas insolvency is uncontrolled debts.
Solvency is the ability of an organization to pay its debts and any other financial obligations it has.
Solvency is having enough funds or assets to be able to settle depts without any shortage
Solvency- is the ability of a company to meet its long-term debts and other financial obligations.