bankruptcy
A legally declared or recognized condition of insolvency of a person or organizationA legally declared or recognized condition of insolvency of a person or organization.
» Have you ever filed for bankruptcy?
Meaning
2 senses(countable, uncountable)A legally declared or recognized condition of insolvency of a person or organization.
The company ended up filing for bankruptcy.
Bankrott, Pleite, Konkurs
банкро́тствоbankrótstvo, несостоя́тельностьnesostojátelʹnostʹ
банкру́тствоbankrútstvo, банкро́тствоbankrótstvo
(countable, uncountable)A rule in Tycoon where if the top player does not get first place that round, they instantly get last place
- a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
- inability to discharge all your debts as they come due
- a state of complete lack of some abstract property
Examples
67 sentencesHave you ever filed for bankruptcy?
The company Tom was working for declared bankruptcy.
My father's company is on the verge of bankruptcy.
ruФирма моего отца на грани банкротства.
deDie Firma meines Vaters ist am Rande des Bankrotts.
Does this mean that we have to file bankruptcy?
deBedeutet dies, wir müssen Konkurs anmelden?
If I declare bankruptcy, will I be able to keep my house?
Translations
9 languagesBy meaning 1
By meaning 1
By meaning 1
Origin
From bankrupt + -cy, replacing earlier bankruptship.From bankrupt + -cy, replacing earlier bankruptship.
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Forms
plural: bankruptcies| Singular | bankruptcy |
|---|---|
| Plural | bankruptcies |
regular
Synonyms
1 synonyms- inability to discharge all your debts as they come due:failure
Word family
19 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable