What does bankruptcy mean?

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

Here are all the possible meanings and translations of the word bankruptcy.

Princeton's WordNet

  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

Wiktionary

  1. bankruptcynoun

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

Samuel Johnson's Dictionary

  1. Bankruptcynoun

    Etymology: from bankrupt.

Webster Dictionary

  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

Freebase

  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 Medicine

  1. Bankruptcy

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

British National Corpus

  1. Nouns Frequency

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

How to pronounce bankruptcy?

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. Buddy Clark:

    Going forward, we’re seeing banks requiring borrowers to agree to new anti-hoarding provisions, which prevent borrowers from drawing down the full amount of availability under their loans and sitting on the cash, anti-hoarding provisions permit borrowers to draw what they need to use for operations but not to build a war chest for a company readying itself for bankruptcy.

  2. Jonathan Leitch:

    We expect to see an increase in defaults and selective corporate failures, where purely domestic bankruptcies are concerned, the outcome will continue to be largely pre-arranged at the outset of a bankruptcy filing.

  3. Andrew Collier:

    China has made the bankruptcy process very efficient for smaller companies. This is a very large, politically connected company that is going to court, it is a good sign that China is cleaning up the bigger, bad companies.

  4. Prime Minister Justin Trudeau:

    Our goal is to create immediate jobs in these provinces while helping companies avoid bankruptcy and supporting our environmental targets.

  5. Philip Emma:

    Even if they emerge from bankruptcy as a going concern, they have a pretty insurmountable retail problem, the desire to control the real estate was Eddie Lampert motivation through this long slide. If there's any reason Eddie Lampert is still involved in this, it's the value is in the real estate, with a footprint you can't easily replicate for a variety of reasons.

Popularity rank by frequency of use

bankruptcy#1#4333#10000

Translations for bankruptcy

From our Multilingual Translation Dictionary

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