solvency

solvency
sol·ven·cy /'säl-vən-sē/ n: the quality or state of being solvent

Merriam-Webster’s Dictionary of Law. . 1996.

solvency
The term is applied to a range of corporate issues. A company in liquidation is not solvent unless the directors can declare that it can pay all creditors within twelve months. A company is commonly assumed to be solvent if the value of the company's assets is more than its liabilities, taking account of contingent and future claims or that it will generate sufficient surplus revenue from its operations to make up the deficit.

Easyform Glossary of Law Terms. — UK law terms.


solvency
1) Having sufficient funds or other assets to pay debts.
2) Having more assets than liabilities (debts). Compare: insolvency
Category: Bankruptcy, Foreclosure & Debt → Bankruptcy
Category: Personal Finance & Retirement

Nolo’s Plain-English Law Dictionary. . 2009.


solvency
n. The ability to pay one's debts as they come due or as they mature. Implied is the ownership of property of adequate value to secure those debts, should the need arise.
See also insolvency.

Webster's New World Law Dictionary. . 2000.


solvency
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.

Dictionary from West's Encyclopedia of American Law. 2005.


solvency
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.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

solvency
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 also: bankruptcy, insolvency

Law dictionary. . 2013.

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  • Solvency — Sol ven*cy (s[o^]l ven*s[y^]), n. [See {Solvent}.] The quality or state of being solvent. [1913 Webster] …   The Collaborative International Dictionary of English

  • solvency — 1727; see SOLVENT (Cf. solvent) + CY (Cf. cy) …   Etymology dictionary

  • solvency — [säl′vən sē, sôl′vən sē] n. a solvent state or quality …   English World dictionary

  • solvency — The condition of having sufficient funds to cover losses. In the short term, solvency is a manifestation of liquidity. Fundamentally, however, solvency is a function of capital adequacy. See insolvency Ability to meet obligations. Bloomberg… …   Financial and business terms

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  • solvency — The condition of a person having sufficient assets to meet his obligations as they mature in the ordinary course of business. Ability to pay one s debts, not a mere disposition to pay. Janes v Scott, 59 Pa 178. A word which implies as well the… …   Ballentine's law dictionary

  • Solvency — The ability of a corporation to meet its long term fixed expenses and to accomplish long term expansion and growth. The better a company s solvency, the better it is financially. When a company is insolvent, it means that it can no longer operate …   Investment dictionary

  • solvency — [[t]sɒ̱lv(ə)nsi[/t]] N UNCOUNT: usu with supp A person or organization s solvency is their ability to pay their debts …   English dictionary

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