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Definitions from the Web

Term: financially-solvent

Description: Financially-solvent refers to the condition of an individual, organization, or economy that is capable of meeting all financial obligations and debts, without the risk of insolvency. It indicates a stable and healthy financial state where income exceeds expenses, allowing for the fulfillment of financial commitments.

Sample sentences:

1. John's disciplined savings habits and wise investments made him financially-solvent, even during times of economic downturn.
2. The company's strong cash flow and careful financial management ensured it remained financially-solvent, even when faced with unexpected expenses.
3. Being financially-solvent enables individuals to secure loans with more favorable interest rates and terms.
4. If a business fails to maintain a financially-solvent position, it may struggle to attract investors or acquire necessary funding for expansion.
5. During the pandemic, many small businesses had to take significant measures to remain financially-solvent and prevent bankruptcy.

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