A sedimentary rock formed on land has a continental sedimentary environment. Examples of continental environments are lagoons, lakes, swamps, floodplains and alluvial fans. In the quiet water of swamps, lakes and lagoons, fine sediment is deposited, mingled with organic material from dead plants and animals.
Related to executive clemency: amnesty. n. the power of a President in federal criminal cases, and the Governor in state convictions, to pardon a person convicted of a crime, commute the sentence (shorten it, often to time already served), or reduce it from death to another lesser sentence.
DEFINITION of 'Solvency'. The ability of a company to meet its long-term financial obligations. Solvency is essential to staying in business, but a company also needs liquidity to thrive. Liquidity is a company's ability to meet its short-term obligations. A company that is insolvent must enter bankruptcy; a company that lacks liquidity can also be forced to enter bankruptcy even if it is solvent. Next Up.