They reviewed financial records to measure the borrower's solvency.
Recent Examples on the WebLocal boards are in charge of district solvency, which includes paying for building maintenance, purchasing furniture, equipment, books and school supplies, paying staff and approving general expenses. Renata Cló, The Arizona Republic, 14 Sep. 2022 That trust fund gained two years of solvency, until 2028, in last month’s report by the program’s board of trustees. Alan Fram, Chicago Tribune, 7 July 2022 That trust fund gained two years of solvency, until 2028, in last month's report by the program's board of trustees.CBS News, 7 July 2022 That trust fund gained two years of solvency, until 2028, in last month’s report by the program’s board of trustees. Alan Fram, BostonGlobe.com, 7 July 2022 The losses sustained during the rise in robberies have some operators teetering on the brink of solvency. Scott Thomas, Rolling Stone, 17 June 2022 Small or pre-cash businesses need to be especially cognizant of company solvency. Expert Panel®, Forbes, 13 May 2022 As a result, the state’s unemployment insurance trust fund is inadequately funded, causing breakdowns in the system and a potential lack of solvency as more people file. Nicole Goodkind, Fortune, 11 Dec. 2021 Voyager Digital filed for bankruptcy on July 5 after freezing withdrawals due to struggles with solvency amid the current crypto downturn. Marco Quiroz-gutierrez, Fortune, 11 Aug. 2022 See More