Solvency

Example:The company's financial capability has improved with better management practices.

Definition:The ability to manage and use financial resources effectively.

Example:The company's financial soundness is reflected in its strong balance sheet.

Definition:The overall financial strength of a business or individual.

Example:Strategies to prevent bankruptcy are crucial for maintaining solvency.

Definition:The state or action of avoiding bankruptcy.

Example:The company's debt coverage is adequate to prevent insolvency.

Definition:The ability to cover debts with available financial resources.

Example:Financial stability is a key indicator of a business's long-term success.

Definition:The condition of being financially secure and not at risk of financial ruin.

Example:Maintaining creditor satisfaction is crucial for keeping the company solvent.

Definition:The state of making creditors satisfied with the ability to meet obligations.