BusinessAugust 21, 2026
solvent
SOL-vent
Definition
Having enough assets to meet all financial obligations and pay back all debts.
Etymology
Derived from the Latin 'solvere', meaning 'to loosen' or 'to release'. In financial contexts, it refers to the ability to 'loosen' or pay off one's debts.
In the news
The article questions if the cryptocurrency exchange BitMart is solvent, meaning whether it has enough liquidity to fully repay its users' deposits.
BitMart weighs restructuring and business resumption after wind-down
Read the full article ↗Cryptonews.net