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solvency

noun C1
MEANING IN ENGLISH

The ability to pay one's debts and meet long-term financial obligations.

In context

01

The company's solvency improved after restructuring.

02

The company's solvency improved after reducing expenses.

Synonyms

financial soundness,creditworthiness,stability

Antonyms

insolvency,bankruptcy,default

Collocations

financial solvency,long-term solvency,maintain solvency

Sources

Bidyazo vocabulary library ↗