Definitions for BanKRuptcy
ˈbæŋk rʌpt si, -rəp sibank·rupt·cy

Princeton's WordNetRate this definition:0.0 / 0 votes

1. bankruptcynoun

   a state of complete lack of some abstract property

   "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"

2. bankruptcy, failurenoun

   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"

3. bankruptcynoun

   a legal process intended to insure equality among the creditors of a corporation declared to be insolvent

WiktionaryRate this definition:0.0 / 0 votes

1. bankruptcynoun

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

Samuel Johnson's DictionaryRate this definition:0.0 / 0 votes

1. Bankruptcynoun

   Etymology: from bankrupt.

   1. The state of a man broken, or bankrupt.2. The act of declaring one’s self bankrupt; as, he silenced the clamours of his creditors by a sudden bankruptcy.

WikipediaRate this definition:0.0 / 0 votes

1. Bankruptcy

   Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency.

ChatGPTRate this definition:0.0 / 0 votes

1. bankruptcy

   Bankruptcy is a legal status declared by a court when an individual or an entity (like a business or corporation) cannot repay its outstanding debts to creditors. It involves a process where assets are measured and evaluated, then used to repay a portion of the outstanding debt, and the rest is often discharged or reorganized to make it manageable for the debtor. This process offers a fresh financial start but may negatively impact the debtor's creditworthiness in the future.

Webster DictionaryRate this definition:0.0 / 0 votes

1. Bankruptcynoun

   the state of being actually or legally bankrupt

2. Bankruptcynoun

   the act or process of becoming a bankrupt

3. Bankruptcynoun

   complete loss; -- followed by of

WikidataRate this definition:0.0 / 0 votes

1. Bankruptcy

   Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes to creditors. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankruptcy is not the only legal status that an insolvent person or other entity may have, and the term bankruptcy is therefore not a synonym for insolvency. In some countries, including the United Kingdom, bankruptcy is limited to individuals, and other forms of insolvency proceedings are applied to companies. In the United States, bankruptcy is applied more broadly to formal insolvency proceedings.

U.S. National Library of MedicineRate this definition:0.0 / 0 votes

1. Bankruptcy

   The state of legal insolvency with assets taken over by judicial process so that they may be distributed among creditors.

Matched Categories

1. • Failure
   • Insolvency
   • Law
   • Proceeding

British National Corpus

1. Nouns Frequency

   Rank popularity for the word 'BanKRuptcy' in Nouns Frequency: #2864

How to pronounce BanKRuptcy?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say BanKRuptcy in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of BanKRuptcy in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of BanKRuptcy in Pythagorean Numerology is: 5

Examples of BanKRuptcy in a Sentence

1. Jared Woodfill:

   All of my clients continue to be committed to fighting this unjust policy, what is shocking is that many of my clients were on the front line treating COVID-positive patients at Texas Methodist Hospital during the height of the pandemic. As a result, many of them contracted COVID-19. As a thank you for their service and sacrifice, Methodist Hospital awards them a pink slip and sentences them to bankruptcy.

2. John Cunningham:

   This is a most unusual sale motion in that we have an objection from Polo North to their own sale, in my 23 years in practicing bankruptcy, I have yet to see that.

3. Andy Zlotnick:

   What we really need to do and what baseball hasn't addressed is these thousands of injured fans who have lifelong injuries and medical bills, uninsured people have gone into bankruptcy. There should be a victims' compensation fund.

4. Kelley Long:

   If you’re facing severe debt issues and on the brink of bankruptcy, the last thing you want to do is use this money to pay off debt, your 401(k) money is protected in bankruptcy.

5. Dan Green:

   Homeowners in Houston who lack flood insurance [will] face the high costs of home repair, and some may enter bankruptcy.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=BanKRuptcy
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Bankruptcy
3. ^ Samuel Johnson's Dictionary
   https://johnsonsdictionaryonline.com/views/search.php?term=BanKRuptcy
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Bankruptcy
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/BanKRuptcy
7. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=BanKRuptcy