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"Ability to pay" refers to an individual's or entity's financial capacity to meet financial obligations, typically in the context of taxes, debts, ato capacity to pay or other payments. It is a concept widely used in economic and legal frameworks to assess fairness in financial responsibility. For example, in taxation, the ability-to-pay principle suggests that taxes should be levied based on a taxpayer's financial situation—those with higher incomes or wealth should contribute more in taxes compared to those with lower financial means.