solventsol‧vent1 /ˈsɒlvənt $ ˈsɑːl-/ adjective [not usually before noun] - Companies need to know that those with whom they are trading are solvent and can pay for goods and services supplied to them
- Now the question is how to keep the business solvent.
- We've been financially solvent for the last 5 years.
- It has to be emphasised that Equitable is still solvent with very substantial assets irrespective of some recent withdrawals.
- They are happy merely to be solvent.
to not owe any money► be in credit if your bank account is in credit, there is money in it and you do not owe the bank anything: · I can see from my monthly bank statements whether I'm in credit or not.remain/stay in credit: · We offer free banking for customers whose accounts remain in credit.
► be in the black if someone is in the black , they have earned more than they owe or have spent: · The newly reorganized company is now in the black.· Our oil and gas operations are comfortably in the black.get something into the black: · We have to get our account into the black otherwise the bank will never give us a mortgage.
► keep your head above water informal to stay out of debt, although it is difficult to do this because you have very little money: · Although I've been out of a job for three months, I've managed to keep my head above water.· If I get this raise, we'll just about keep our heads above water until next year.
► solvent earning enough money to not have to borrow or get into debt: · We've been financially solvent for the last 5 years.· Companies need to know that those with whom they are trading are solvent and can pay for goods and services supplied to them
► afloat if a company or organization stays or remains afloat , it manages to keep operating because its debts are not so bad that it has to close; if you keep a company or organization afloat , you stop it from getting into so much debt that it has to close: · It was the summer of 1991, and I was struggling hard to keep my business afloat.· David Henry lent the company $1bn out of his own personal fortune in order to help it stay afloat.· The organization remains afloat by renting out its skilled technicians to other companies.
► stay/remain/keep solvent I don’t know how we managed to remain solvent. nounsolutionsolventsolubilityinsolvencyadjectivesoluble ≠ insolubleunsolvedsolvent ≠ insolventsolvable ≠ insolvableverbsolveadverbinsolvably