Search: solvent institutions
RBA Glossary definition for solvent institutions
solvent institutions – Institutions that maintain solvency (i.e. they can meet their financial obligations as they fall due).
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Business Credit and Investment
1 Jul 1992
RDP
9208
The second aspect of agency costs is their cyclical nature. They are likely to decline when borrowers are more solvent, and rise as solvency declines (Bernanke and Gertler (1989)). ... Default risks that arise from the cyclical behaviour of the aggregate
https://www.rba.gov.au/publications/rdp/1992/9208/business-credit-and-investment.html