WordUpWordup

Solvency

usgb/ˈsɑːlvənsi/Volume
Left Definition 1 of 2Right
LampPro Tip 1/3
Business RelevancePlay
Used often in financial or business contexts to discuss a company's health. SlideThe board reviewed the quarterly report to assess the company's solvency.
LampPro Tip 2/3
Positive ConnotationPlay
Implies a positive financial status, suggesting reliability and trust. SlideGiven the company's solvency, investors feel confident in its future.
LampPro Tip 3/3
Legal ContextPlay
May be used in legal scenarios, especially in bankruptcy proceedings. SlideThe court will evaluate the solvency of the business before approving the restructuring plan.