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The Collaborative International Dictionary
Solvency

Solvency \Sol"ven*cy\ (s[o^]l"ven*s[y^]), n. [See Solvent.] The quality or state of being solvent.

Douglas Harper's Etymology Dictionary
solvency

1727, from solvent + -cy.

Wiktionary
solvency

n. The state of having enough funds or liquid assets to pay all of one's debts; the state of being solvent.

WordNet
solvency

n. the ability to meet maturing obligations as they come due [ant: insolvency]

Wikipedia
Solvency

Solvency, in finance or business, is the degree to which the current assets of an individual or entity exceed the current liabilities of that individual or entity. Solvency can also be described as the ability of a corporation to meet its long-term fixed expenses and to accomplish long-term expansion and growth. This is best measured using the net liquid balance (NLB) formula. In this formula solvency is calculated by adding cash and cash equivalents to short-term investments, then subtracting notes payable.

Solvency (policy debate)

Solvency is a stock issue in policy debate, referring to the effectiveness of the affirmative plan or the negative counterplan in solving the harms or problems of the status quo. A good solvency mechanism will have a solvency advocate: a qualified professional specifically advocating the proposed course of action. After the First Affirmative Constructive speech (1AC), it is assumed that the Affirmative team can completely solve all of their harms unless the speaker indicated otherwise. This solvency can be mitigated by defensive arguments, e.g. corruption will prevent the plan from being implemented to the extent necessary to completely solve. An offensive argument (as opposed to a defensive argument) might change from one stock issue to solvency, one of which could be a Disadvantage. If the Negative team can prove that the effects of the plan make the harms worse than they are in the current situation, then the Affirmative team cannot guarantee positive benefits and therefore no reason exists as to why the plan should be adopted.

Usage examples of "solvency".

Caruso, a very pleasant lady of Irish extraction, was disposed to dwell on the difficulties of housekeeping in Washington in view of the increasing unpunctuality in the collection of the Federal revenue, but the President checked her, evidently considering these domestic matters a reflection upon the solvency of the nation.

Seattle, Tortilli not only began work on the independent film he was doing for Cabbagehead Productions, but he completed the behind-the-scenes arrangements that would ensure financial solvency for the rest of his life.

Each share must be taken up before a notary, who would answer for the shareholder's solvency.