solvency
sawl vuhn see
- n the ability to meet maturing obligations as they come due
- Ponzi Schemes--in which a swindler touts outsize returns, parries questions about legitimacy with hefty dividends and creates the illusion of solvency by paying off early investors .
- Now, worst of all, the boy's sanctityperhaps even his solvencyare being threatened by a family squabble: in India, the high-living guru's mother Mataji, who claims to be the .
- That in turn is causing solvency problems for some financial institutions that rely on short-term borrowing to fund their operations.