Solvent (Adjective)
Meaning
Capable of meeting financial obligations.
Classification
All adjective clusters.
Examples
- The company's financial reports indicate that it is solvent and will be able to pay off its debts on time.
- After a few years of struggling, the business finally became solvent and started to expand its operations.
- The bank only lends money to solvent individuals who have a stable income and a good credit history.
- The new management team worked hard to turn the insolvent company into a solvent one by reducing costs and increasing revenue.
- The government provides financial assistance to solvent businesses that are affected by natural disasters or economic downturns.