payingability
nounUK /ˌpeɪɪŋəˈbɪləti/
US /ˌpeɪɪŋəˈbɪləti/
Payingability is how able someone is to pay for something.
The bank checked the family's payingability before giving them a loan.
OTHER MEANINGS
2. The quality of a business being able to meet its debts.
The company's payingability improved after a strong year of sales.
3. A measure of whether a person can afford a purchase.
The shop checked his payingability before offering a payment plan.
4. The state of having enough money to cover what is owed.
Her payingability was never in doubt because she saved carefully.