Able to pay one's debts (7) Crossword Clue
Answer: SOLVENT (7 letters)
The answer to the crossword clue "Able to pay one's debts" with 7 letters is "SOLVENT".Solvent describes someone or an entity that is financially able to pay their debts and meet obligations. It indicates a sound financial state where liabilities can be covered by available assets or income, ensuring stability and trustworthiness in transactions.
Why “Solvent” Fits
The clue asks for a single word (7 letters) meaning “able to pay one's debts.” The answer, SOLVENT, fits exactly:
- Able to pay one's debts: Solvent describes a person or organisation whose assets exceed their liabilities, enabling them to meet all financial obligations.
- Direct match: With 7 letters, solvent matches the clue’s enumeration perfectly.
- Precise term: It is the standard financial adjective for being in a position to pay debts.
The term solvent is foundational in business and finance:
- Origin and usage: From Latin solventem (“paying, loosening”), derived from solvere (“to loosen, pay”).
- Contexts: Used in accounting, economics, and everyday finance to indicate stable economic health. Opposite of insolvent.
- Examples: “The company remained solvent despite the downturn,” or “She is solvent and can pay off her loans.”
Quick crossword clues like “able to pay one's debts (7)” lean on formal financial vocabulary:
- Alternatives such as affluent (8) or wealthy (7) suggest richness but lack the specific debt-paying assurance implied in solvent.
- The 7-letter enumeration points neatly to the exact finance-related term.
- With its precise meaning, professional usage, and perfect fit, solvent is the correct solution.
