solvent condition; ability to pay all just debts.

1720–30; solv(ent) + -ency Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
solvency (ˈsɒlvənsɪ)
ability to pay all debts

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
More broadly, the rating agencies have never given us any reason to take their
  judgments about national solvency seriously.
Today, the problem may be more a shortage of solvency, which is harder to solve.
Investors now fret about the solvency of bigger countries.
But such a backstop can only be credible if there are no doubts about the
  government's solvency.
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