solvency
|sol-ven-cy|
C1
🇺🇸
/ˈsɑːlvənsi/
🇬🇧
/ˈsɒlvənsi/
financial stability
Etymology
Etymology Information
'solvency' originates from Latin, specifically the word 'solventia,' where 'solvere' meant 'to loosen or release.'
Historical Evolution
'solventia' transformed into the French word 'solvabilité,' and eventually became the modern English word 'solvency' through Middle English.
Meaning Changes
Initially, it meant 'the act of loosening or releasing,' but over time it evolved into its current meaning of 'financial ability to meet obligations.'
Meanings by Part of Speech
Noun 1
the ability of a company or individual to meet their long-term financial obligations.
The company's solvency was questioned after the financial crisis.
Synonyms
Antonyms
Last updated: 2025/01/11 11:45