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The ability of an individual to pay his or her debts as they mature in the normal and ordinary course of business, or the financial condition of owning property of sufficient value to discharge all of one's debts.


n. 1) having sufficient funds or other assets to pay debts. 2) having more assets than liabilities (debts). The contrast is "insolvency," which may be a basis for filing a petition in bankruptcy. (See: insolvency, bankruptcy)

SOLVENCY. The state of a person who is able to pay all his debts; the opposite of insolvency. (q.v.)

References in periodicals archive ?
All of the non flammable solvents are capable of doing a reasonably good degreasing job but you must get the balance of solvent power, boiling point, substrates to be cleaned, contamination to be removed and process method right before accepting the recommendations for a particular solvent prior to carrying out trials.
The pressures were sufficiently high which in turn created high gas densities with good solvent power.
Furthermore, by relating the maximum in the scattered intensity to the corresponding temperature where it appears for three plastisol systems, it is possible to evaluate the relative solvent power of the plasticizers.
dis] can be attributed in the solvent power in breaking down the crystallites; the lower the dissolution temperature, the stronger the solvent power.