The term "solvent" has a couple of related meanings, primarily in chemistry and finance:
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Chemistry: A solvent is a substance, typically a liquid, that dissolves a solute, resulting in a solution. The solvent is usually present in greater quantity compared to the solute. Water is often referred to as the "universal solvent" because it can dissolve many substances.
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Finance: In a financial context, solvent refers to the ability of an individual or organization to meet its long-term financial obligations. A solvent entity has enough assets to cover its liabilities, meaning it is not in danger of bankruptcy.
The appropriate meaning typically depends on the context in which the word is used.