solvency

English

Etymology

From solvent +‎ -cy.

Pronunciation

  • Audio (Northwestern US):(file)

Noun

solvency (usually uncountable, plural solvencies)

  1. (finance) The state of having enough funds or liquid assets to pay all of one's debts; the state of being solvent.
    • 2011 August 7, Paul Krugman, “A Self-Fulfilling Euro Crisis? (Wonkish)”, in The New York Times[1]:
      This is often phrased in terms of whether they are facing liquidity or solvency problems; but I think it’s better phrased in terms of the possibility of self-fulfilling crises, a la Obstfeld.

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