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Solvency   /sˈɔlvənsi/   Listen
Solvency

noun
1.
The ability to meet maturing obligations as they come due.






WordNet 3.0 © 2010 Princeton University








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"Solvency" Quotes from Famous Books



... months' date, and bearing 6 per cent. interest. It is the old story of the tailor who calls with his little account, and draws on his insolvent debtor at ninety days. If the insolvent debtor be not utterly gone as regards solvency he will take up the bill when due, even though he may not be able to pay a simple debt. But, then, if he be utterly insolvent, he can do neither the one nor the other! The Secretary of the Treasury, when he asked for permission to accept these bills—or to issue these certificates, as he ...
— Volume 2 • Anthony Trollope

... have made her endure the rough independent way in which all the Milton girls, who made application for the servant's place, replied to her inquiries respecting their qualifications. They even went the length of questioning her back again; having doubts and fears of their own, as to the solvency of a family who lived in a house of thirty pounds a-year, and yet gave themselves airs, and kept two servants, one of them so very high and mighty. Mr. Hale was no longer looked upon as Vicar of Helstone, but as a man who only spent at a certain rate. Margaret was weary and impatient ...
— North and South • Elizabeth Cleghorn Gaskell

... deftly-urging attentiveness. Mary and Jack paused at the foot of the stairs watching him. Gently he was fingering an old octavo; fingering it as one would who was between the hyperionic desire of possession and a fear that a bank account owed its solvency to keeping the amounts of deposits somewhere in proportion to ...
— Over the Pass • Frederick Palmer

... regulations for the admission of securities to quotation, in the publicity of its dealings, in the solvency of its members, in its rules regulating their conduct and the enforcement of such rules, the New York Stock Exchange is at least on a par with any other Stock Exchange in the world, and, in fact, more advanced than almost ...
— The New York Stock Exchange and Public Opinion • Otto Hermann Kahn

... art out of it. Rents went up to an unprecedented figure. At the same time prices doubled everywhere except at the theatre pay-boxes, and raised the expenses of management to such a degree that unless the houses were quite full every night, profit was impossible. Even bare solvency could not be attained without a very wide popularity. Now what had made serious drama possible to a limited extent before the war was that a play could pay its way even if the theatre were only half full until Saturday and three-quarters full then. A ...
— Heartbreak House • George Bernard Shaw

... as though he were addressing me by name. "They have a twofold reason to fear water. One: by complete solvency in that medium, they lose all energy and die. Two: even partial sprinkling alters the shape of the scales, and they are unable to use sunpower to form more sugar, and still die, if ...
— The Dope on Mars • John Michael Sharkey

... portion of its available assets—the one thing which makes it "solid." He contemplates a long array of figures and assumes that Old Mortality might sweep the land with War or pestilence without affecting the solvency of his patron saint. The agent neglects to inform him that the "legal reserve," which looms up like a seventy four in a fog, cannot be utilized in the discharge of death-claims, that insofar as the average policy holder ...
— Volume 10 of Brann The Iconoclast • William Cowper Brann

... Mechanically she read the head-lines: Mortimore Banks Crash! She knew who Mortimore was. Once a powerful boss, now a discredited politician. He'd owned a whole string of banks, it appeared—along with the hitherto unheard of Milligan—whose solvency seemed to have evaporated along with the decay ...
— The Real Adventure • Henry Kitchell Webster

... Southern States will be called upon to bear their part of the grievous burden of taxation which the war will leave upon our shoulders, and that is the fairest as well as the most prudent way of making them contribute to our national solvency. All irregular modes of levying contributions, however just,—and exactly just they can seldom be,—leave discontent behind them, while a uniform system, where every man knows what he is to pay and why he is to pay it, tends to restore stability ...
— The Writings of James Russell Lowell in Prose and Poetry, Volume V - Political Essays • James Russell Lowell



Words linked to "Solvency" :   solvent, insolvency, financial condition



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