Definitions
the ability to meet maturing obligations as they come due
Word origin
From solvent + -cy.
Used in a sentence
“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.”
Source: Wiktionary, CC BY-SA 4.0
Used as a crossword answer1 curated clues
01“Ability to pay debts”8 letters
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