Meaning of bankruptcy

Definitions of bankruptcy

1. [n] - a state of complete lack of some abstract property

2. [n] - inability to discharge all your debts as they come due

3. [n] - a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy

1. the company had to declare bankruptcy

2. fraudulent loans led to the failure of many banks

3. spiritual bankruptcy

4. moral bankruptcy

5. intellectual bankruptcy

bankruptcy Synonyms

failure

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