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SOLVENCY

Categories: Commercial Law

Definition (1910 Edition)

SOLVENCY. Ability to pay; present ability to pay; ability to pay one’s debts out of one’s own present means. Marsh ‘v. Dunckel, 25 Hun (N. Y.) 169; Osborne v.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain. UK commentary and modern updates are original additions. This entry is for educational reference only and does not constitute legal advice.