able to pay all just debts.
having the power of dissolving; causing solution.
a substance that dissolves another to form a solution: Water is a solvent for sugar.
something that solves or explains.

1620–30; < Latin solvent- (stem of solvēns), present participle of solvere to loosen. See solve, -ent

solventless, adjective
solvently, adverb Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
solvent (ˈsɒlvənt)
1.  capable of meeting financial obligations
2.  (of a substance, esp a liquid) capable of dissolving another substance
3.  a liquid capable of dissolving another substance: water is a solvent for salt
4.  Compare solute the component of a solution that does not change its state in forming the solution or the component that is present in excess
5.  something that solves
[C17: from Latin solvēns releasing, from solvere to free, solve]

Collins English Dictionary - Complete & Unabridged 10th Edition
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Word Origin & History

1653, "able to pay all one owes," from Fr. solvent, from L. solventem (nom. solvens), prp. of solvere "loosen, dissolve" (see solve). Noun meaning "substance able to dissolve other substances" first recorded 1671.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Medical Dictionary

solvent sol·vent (sŏl'vənt)
Capable of dissolving another substance. n.

  1. A substance in which another substance is dissolved, forming a solution.

  2. A substance capable of dissolving another substance.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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American Heritage
Science Dictionary
solvent   (sŏl'vənt)  Pronunciation Key 
A substance that can dissolve another substance, or in which another substance is dissolved, forming a solution. Water is the most common solvent.
The American Heritage® Science Dictionary
Copyright © 2002. Published by Houghton Mifflin. All rights reserved.
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