solvent

adjective zol-FENT Rare

Origin: from Latin 'solvens' (dissolving, paying)

Also means

able to meet financial obligations

Usage Note

solvent describes a debtor who is able to pay all debts as they fall due. In German law the distinction between illiquide (temporarily unable to pay) and überschuldet (over-indebted) also matters; a firm can be solvent in the long run but temporarily illiquide.

Examples

"Trotz des schwierigen Marktumfelds bleibt das Unternehmen weiterhin solvent."

Natural Translation

Despite the difficult market environment, the company remains solvent.

Literal Translation

Despite the difficult market-environment remains the company still solvent.

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