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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



... America were the first to feel the pinch. Some waited too long—waited to dole out to a frenzied public all available cash and close the doors too late for solvency. But not so with the Bank of Adot. Aaron Logan got his order for receivership before his public went frantic and while cash was yet available. Under court order he was proceeding to thaw out the frozen items ...
— David Lannarck, Midget - An Adventure Story • George S. Harney

... together in a quietly companionable spirit, strolling about the gardens and farm, dropping out a sentence now and then, and anon falling into a lazy reverie, each pondering upon his own affairs—Gilbert meditating transactions with foreign houses, risky bargains with traders of doubtful solvency, or hazardous investments in stocks, as the case might be; the gentleman farmer ruminating upon the chances of a good harvest, or the probable value of his ...
— Fenton's Quest • M. E. Braddon

... Rouget's property, not counting the precious pictures, which had never left Monsieur Hochon's hands. Philippe put the whole property into the hands of Mongenod and Sons, where young Baruch Borniche was employed, and on whose solvency and business probity old Hochon had given him satisfactory assurances. This house took his sixteen hundred thousand francs at six per cent per annum, on condition of three months' notice in case of the ...
— The Celibates - Includes: Pierrette, The Vicar of Tours, and The Two Brothers • Honore de Balzac

... influence of my friends my father sometimes found work that he could not have got in any other way. These practical results of my costly pursuit of friendships might have given Mrs. Hutch confidence in my ultimate solvency, had she not remained obstinately deaf to my plea for time, her heart being set on direct, immediate, ...
— The Promised Land • Mary Antin

... settlement with Creech. He could not understand why he was kept hanging on from month to month. This was a way of doing business quite new to him, and after being put off again and again he at last began to suspect that there was something wrong. He doubted Creech's solvency; doubted even his honesty. More than ever was he eager to be settled in life, and he fretted under commercial delays he could not understand. On the first day of his return to Edinburgh he had written to Mr. Miller ...
— Robert Burns - Famous Scots Series • Gabriel Setoun

... side of which its condition at the close of the war might have seemed prosperity and paradise. Second, the nation itself could ill sustain the shock incident to such a huge amputation from the body of its productive labor, and which must have, for long and bitter years, affected disastrously its solvency, greatness and progress. Besides, the presence in the lately rebellious States of a mass of loyal people, like the blacks, constituted an immensely important element of strength and security to the newly restored Union. And, third, the blacks themselves had by two ...
— Modern Industrialism and the Negroes of the United States - The American Negro Academy, Occasional Papers No. 12 • Archibald H. Grimke

... devotion, has, by this pernicious passion, become a cold, heartless, worldly coquette, weighing men's characters by the adventitious circumstances of their birth and fortune, and scrutinizing the eligibility of a match with the practised acumen with which a notary investigates the solvency of a creditor. How do the traits of beauty, gesture, voice, and manner become converted into the common-place and distasteful trickery of the world! The very hospitality of the house becomes suspect, their friendship is ...
— Charles O'Malley, The Irish Dragoon, Volume 2 (of 2) • Charles Lever

... resources of intellect and capacity on both sides, we do not need to describe to you what happened in the White Rapids Motor Company during the months that followed. Nyall simply could not understand why Burton should jeopardize the success, and even the solvency, of his enterprise by plotting against his own works manager. To his friends he confided: "Honestly, I think the old man is going crazy. The things he says and the things he does are not the product of a sane, normal mind." Similarly, Burton could not understand, to save his life, why ...
— Analyzing Character • Katherine M. H. Blackford and Arthur Newcomb

... grind under his molar teeth into a soft smooth pulp, the operation being further assisted by a flow of saliva, answering the double purpose of increasing the flavour of the aliment and promoting the solvency of the mass. Having completely comminuted and blended this mouthful, it is swallowed a second time; but instead of returning to the paunch or reticulum, it passes through another valve into a side cavity,—the ...
— The Book of Household Management • Mrs. Isabella Beeton

... be asked) spin out by these excessive methods a thread of such tenuity? Why go to such lengths for four months longer of fallacious solvency? I expect not to be believed, but I think the Government still hopes. A war-ship, under a hot-headed captain, might be decoyed into hostilities; the taxes might begin to come in again; the three Powers might become otherwise ...
— The Works of Robert Louis Stevenson - Swanston Edition Vol. 18 (of 25) • Robert Louis Stevenson

... Nay, more: I wrote the other day to an aunt of mine, who has a considerable sum of money in loose cash, and who had consulted me as to the disposal of it, to invest it in our office. Can I give you any better proof of my opinion of its solvency?" ...
— The History of Samuel Titmarsh - and the Great Hoggarty Diamond • William Makepeace Thackeray

... first time in his business career short with his rent for the approaching quarter day, and so far as he could trust his own bandling of figures he was sixty or seventy pounds on the wrong side of solvency. And that was the outcome of fifteen years of passive endurance of dulness throughout the best years of his life! What would Miriam say when she learnt this, and was invited to face the prospect of exile—heaven knows ...
— The History of Mr. Polly • H. G. Wells

... below zero, and they built New Tipperary on land to which they had no title; so that the money was completely thrown away. Almost every Board of Guardians in the country is insolvent, except in those cases where the Government has kicked out the Poor Law Guardians elected by the Parish, and restored solvency by sending down paid men to run the concern for a couple of years. This has been done in several instances, and in every case the paid men, drawing salaries of several hundred a year, have in two years paid off debts, leaving all in good working order, with a balance in the bank. The inference ...
— Ireland as It Is - And as It Would be Under Home Rule • Robert John Buckley (AKA R.J.B.)

... an imaginary appreciation, but really represent a large mass of national wealth, particularly in the domains of the clergy: yet, perhaps, it is this very circumstance which has tended most to discredit them. Had their credit rested only on the solvency of the nation, though they had not been greatly coveted, still they would have been less distributed; people would not have apprehended their abolition on a change of government, nor that the systems adopted by one party might be reversed ...
— A Residence in France During the Years 1792, 1793, 1794 and 1795, • An English Lady

... retain enough to declare a handsome Dividend for itself. Such was the sound business-principle upon which the Boreal was conducted; and the merest child must perceive, that only the extremely unlikely coincidence of at least four insurers all dying before Eighty-five could endanger the solvency of the beneficent institution.—Having mastered this convincing argument, and become greatly confused by its plausibility, Mr. SIMPSON next gave some attention to what was going on around him in the Office, and allowed his overwrought mind to ...
— Punchinello, Vol. 1, No. 24, September 10, 1870 • Various



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



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