Definify.com
Webster 1913 Edition
Bankruptcy
Bank′rupt-cy
,Noun.
pl.
Bankruptcies
. 1.
The state of being actually or legally bankrupt.
2.
The act or process of becoming a bankrupt.
3.
Complete loss; – followed by of.
Webster 1828 Edition
Bankruptcy
BANK'RUPTCY
,Noun.
2.
The act of becoming a bankrupt; the act of rendering one's self a bankrupt, as by absconding, or otherwise; failure in trade.Definition 2024
bankruptcy
bankruptcy
English
Noun
bankruptcy (plural bankruptcies)
- A legally declared or recognized condition of insolvency of a person or organization.
Derived terms
- (noun) pre-packaged bankruptcy
- (verb) to file for bankruptcy, to go bankrupt
Related terms
- (noun) depression, economic downturn, financial crisis, insolvency, recession
- (noun) (figuratively) moral bankruptcy
- (adjective) bankrupt, insolvent
- (adjective) (slang) broke, bust, belly up
- (adjective) (figuratively) morally bankrupt
- (verb) (slang) go broke, go bust, go belly up
Translations
legally declared or recognized condition of insolvency
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