solvent

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solvent

adjective able to pay, clear of encumbrance, creditworthy, financially sound, in good financial condition, moneyed, not owing, out of debt, owing nothing, with funds, with good credit
Associated concepts: solvent debt
Foreign phrases: Id solum nostrum quod debitis deductis nostrum est.That only is ours which remains to us after deduction of our debts.
See also: solid, solution, sound, substance

SOLVENT. One who has sufficient to pay his debts, and all obligations. Dig. 50, 16, 114.

References in periodicals archive ?
Garrett's famed "Virginia Dare" was a "tonic prepared with Tokay wine, containing medicaments of tonic value, scientifically allocated in a menstruum of aged, matured wine.