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Solvency   /sˈɔlvənsi/   Listen
Solvency

noun
1.
The ability to meet maturing obligations as they come due.






WordNet 3.0 © 2010 Princeton University








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"Solvency" Quotes from Famous Books



... very short time before, this tenant had taken a grass farm from an adjoining landlord, and he was so anxious to get it that he showed the landlord a bundle of large notes, amounting to rather more than L300 sterling, in order to prove his solvency! The same tenant has since written a letter to Mr. Richardson offering L50 a year ...
— Ireland Under Coercion (2nd ed.) (2 of 2) (1888) • William Henry Hurlbert

... the reply again, and Peters was made a committee of one, with power to run the sale in his own way, and the vestry settled down in that calm and contented frame of mind which goes with the consciousness of solvency. ...
— The Booming of Acre Hill - And Other Reminiscences of Urban and Suburban Life • John Kendrick Bangs

... now took a turn relative to the affairs of trade; and if any one had been desirous of knowing the exact degree of solvency in which the whole population of the county of Gloucester was held by these flying merchants and factors, they might easily have summed up the estimate from the remarks of the company. They were, however, a jovial party; and my friend Bob ...
— The English Spy • Bernard Blackmantle

... exiled, I should tell you, years ago, for some absurd political reason, and has lived in England ever since. All the money he inherits from his father, who was a mail contractor in the north of Italy, goes in books and experiments; but I think I can answer for his solvency, at any rate, for the large sum of five pounds. If you are not very much occupied just now, go and see him. He is ...
— After Dark • Wilkie Collins

... threatening, was no new idea to the British Government. The latter had been done with Baltic merchantmen at the time of the Armed Neutrality. In the case of Spain, it was a measure particularly efficacious, for the financial solvency and belligerent capacity of that country depended upon the galleons, which brought to her the tribute of her colonies; and her relations and dealings with France at this time were so partial and suspicious as to justify precautions. Evidently, ...
— The Life of Nelson, Vol. II. (of 2) - The Embodiment of the Sea Power of Great Britain • A. T. (Alfred Thayer) Mahan

... under the existing system and practice, able to meet on demand all its liabilities for deposits and notes in circulation. It maintains specie payments and transacts a profitable business only by the confidence of the public in its solvency, and whenever this is destroyed the demands of its depositors and note holders, pressed more rapidly than it can make collections from its debtors, force it to stop payment. This loss of confidence, with ...
— Complete State of the Union Addresses from 1790 to the Present • Various

... everyone looks to himself, and everyone likes to possess himself of the precious metals. These are sure to be valuable, invasion or no invasion, revolution or no revolution. But the goodness of bank-notes depends on the solvency of the banker, and that solvency may be impaired if the invasion is not ...
— Lombard Street: A Description of the Money Market • Walter Bagehot

... naval equipment should be voted by the Reichstag in the interest of German tranquillity. Such expenditures are economic precautions against expensive wars. Thereby the solvency of the German exchequer would be moderately insured. So far from unduly fostering a bellicose spirit tending to war, these would be tactful preventives of wasteful foreign and civil broils. Fifty years' current expense to insure the empire's peace would not equal waste ...
— Oswald Langdon - or, Pierre and Paul Lanier. A Romance of 1894-1898 • Carson Jay Lee

... funds, and the hard and fast limitation of industrial operations by the supply or with-holding of funds. The war experience has hitherto gone tentatively to show that funds and financial transactions, of credit, bargain, sale and solvency, may be dispensed with under pressure of necessity; and apparently without seriously hindering that run of mechanical fact, on which interest in the present case necessarily centers, and which must be counted on to give the outcome. ...
— An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation • Thorstein Veblen

... and Mr. Robison the publisher, and Richard, afterwards Sir Richard, Phillips, so keenly alert in recruiting for his Monthly Magazine that he used to attend with a waistcoat pocket full of guineas as an earnest of his good intentions and financial solvency. ...
— Inns and Taverns of Old London • Henry C. Shelley

... referred to in this letter arose from the dilatory and reluctant movements of Creech, who was so slow in settling his accounts that the poet suspected his solvency.] ...
— The Complete Works of Robert Burns: Containing his Poems, Songs, and Correspondence. • Robert Burns and Allan Cunningham

... important changes may be produced by the activity of an intelligent directing power. The king's letters-patent of 1756, establishing the company, provided at once for the purity of the wine, its extended sale in England, and the solvency of the wine provinces. It is only one among a thousand instances of the hazards in which Popery involves all regular government, to find the Jesuits inflaming the populace against this most salutary and successful act of the king. At confession, ...
— Blackwood's Edinburgh Magazine, No. CCCXLV. July, 1844. Vol. LVI. • Various



Words linked to "Solvency" :   insolvency, solvent, financial condition



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