having the ability to meet financial obligations and paying debts
"The company is solvent."
"The company is solvent and has enough assets to pay all of its debts and continue operating for the foreseeable future."
Explore 4 English words about financial behaviours with pronunciation, definitions and example sentences.
having the ability to meet financial obligations and paying debts
"The company is solvent."
"The company is solvent and has enough assets to pay all of its debts and continue operating for the foreseeable future."
marked by extravagant and often wasteful use of resources or money
"She is a spendthrift."
"The spendthrift heir inherited millions of dollars but wasted all of it on luxury cars and parties within just two years of receiving the money."
overly extravagant or wasteful, especially with money
"His spending is profligate."
"The government's profligate spending led to a huge national debt that future generations would have to pay off with their taxes and hard work."
generous in giving or expressing
"The party was lavish."
"The wedding reception was a lavish event with hundreds of guests live music and an enormous cake that fed everyone."
Learn all 4 words in this list with spaced repetition
Start learning with Mnimi