bankruptcy

UK /ˈbæŋ.kɹʌp(t).si/ US /ˈbæŋk.ɹʌp(t).si/

noun 2

Definitions

noun

A legally declared or recognized condition of insolvency of a person or organization.

The company ended up filing for bankruptcy.

He declared that these drastic steps would undoubtedly inconvenience a good many people, but the alternative was bankruptcy of the Ulster Transport Authority and the breakdown of public transport services.

a rule in Tycoon where if the top player does not get first place that round, they instantly get last place

Collocations

(noun.)

ADJ

personal

VERB + BANKRUPTCY

face

The struggling restaurant will face bankruptcy unless the owner finds new investors soon.

be close to, be on the brink/verge of

be driven/forced/thrown into, go into

file for, petition for

After months of financial losses, the small business owner decided to petition for bankruptcy.

declare

The company was forced to declare bankruptcy after losing all its major contracts.

be saved from, escape (from)

BANKRUPTCY + NOUN

order, proceedings

The company filed for bankruptcy proceedings after losing its major contracts last year.

PHRASES

the threat of bankruptcy

Thesaurus

Synonyms

noun — inability to discharge all your debts as they come due

failure

Antonyms

Idioms & Phrases

moral bankruptcy

The state or condition of being morally bankrupt; unethicality.

Example Bank

The company ended up filing for bankruptcy.

Wiktionary

[T]he form of and redress for defamation are, for the most part, gendered. Imputations of bankruptcy, for example, which could have damaged a merchant and thus were actionable for a man, would probabl

Wiktionary

There's a rumor in the air that the firm is going into bankruptcy.

Tatoeba · #48849

There's another rumor in the air that the firm is going into bankruptcy.

Tatoeba · #49045

The company is on the verge of bankruptcy.

Tatoeba · #49081

Usage Notes

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