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Financial Solvency
Source: Encyclopedia of Banking & Finance (9h Edition) by Charles J Woelfel
(We recommend this as work of authority.)
      

The normal condition of a business when current assets are in excess of current liabilities as disclosed by a true and correct financial statement, showing cash and other liquid assets available for payment of liabilities when due.  Financial solvency is to be distinguished from BUSINESS SOLVENCY.

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