One who has sufficient to pay his debts, and all obligations. A solvent person is one who is able to pay all his just debts in full out of his own present means. See Dig. 50, 16, 114. And see SOLVENCY.
One who has sufficient to pay his debts, and all obligations. A solvent person is one who is able to pay all his just debts in full out of his own present means. See Dig. 50, 16, 114. And see SOLVENCY.