bankruptcy in English dictionary

  • bankruptcy

    Meanings and definitions of "bankruptcy"

    • A legally declared or recognized condition of insolvency of a person or organization.
    • noun
      A legally declared or recognized condition of insolvency of a person or organization.
    • A legally declared inability of an individual or organisation to pay their creditors.
    • (corporate) bankruptcy
    • (personal) bankruptcy
    • legally declared or recognized condition of insolvency
    • noun
      a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
    • noun
      a state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"
    • noun
      inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks"

    Synonyms of "bankruptcy" in English dictionary

    failure, insolvency, proceedings are the top synonyms of "bankruptcy" in the English thesaurus.

    Grammar and declension of bankruptcy

    • bankruptcy ( plural  bankruptcies)
    • bankruptcy (plural bankruptcies)
  • Bankruptcy

Sample sentences with "bankruptcy"

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