a state of complete lack of some abstract property
"spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"
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"
a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
A legally declared or recognized condition of insolvency of a person or organization.
the state of being actually or legally bankrupt
the act or process of becoming a bankrupt
complete loss; -- followed by of
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
The state of legal insolvency with assets taken over by judicial process so that they may be distributed among creditors.
British National Corpus
Rank popularity for the word 'bankruptcy' in Nouns Frequency: #2864
The numerical value of bankruptcy in Chaldean Numerology is: 7
The numerical value of bankruptcy in Pythagorean Numerology is: 5
More disingenuous nonsense, mr. Avenatti Michael Avenatti doesn't believe it. Nor should anyone else. Michael Avenatti never brought any such claims against Jason Frank. Nor could Michael Avenatti, since the bankruptcy court settlement agreement released all such claims.
The regional and international creditors represent more than 85 percent of total debt, some of whom advised filing under the new bankruptcy law, given that it is more or less aligned with regional and international commercial law practices, the probability of its success is much higher.
The fact of the matter is, I'm not beholden to banks. I supported the bankruptcy bill because I believe taking a very bad bill that was going to pass overwhelmingly and making it better made sense.
They won't have to give depositions involving their life history. Their lives won't be scrutinized, but they lose their right to a jury trial. For a lot of abuse survivors, telling their story in a court of law and forcing the organizations to defend their actions can be cathartic. That won't happen with a bankruptcy.
The lenders are working with advisers to assess the value of the property, historically, companies that file for bankruptcy without a plan in hand that has been agreed to by creditors end up liquidating.
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Translations for bankruptcy
From our Multilingual Translation Dictionary
- банкрут, фалитBulgarian
- bankrot, úpadekCzech
- fallit, konkurs, bankerotDanish
- πτώχευση, χρεωκοπίαGreek
- konkurssi, vararikkoFinnish
- faillite, banquerouteFrench
- briseadhScottish Gaelic
- פשיטת רגלHebrew
- 破綻, 倒産, 破産Japanese
- pēkerapu, pēkeraputangaMāori
- surseance van betaling, failliet, faling, bankroetDutch
- bancarrota, falênciaPortuguese
- сте̏ча̄ј, stȅčājSerbo-Croatian
- దివాళా తీయుTelugu
- دیوالیہ پنUrdu
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