Look-Up
bankruptcy (n):
a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
bankruptcy (n):
inability to discharge all your debts as they come due
Samples
the company had to declare bankruptcy.
fraudulent loans led to the failure of many banks

Related Words: failure
bankruptcy (n):
a state of complete lack of some abstract property
Samples
spiritual bankruptcy.
moral bankruptcy.
intellectual bankruptcy
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Next Proverb

If you want peace, prepare for war

Barış istiyorsan savaşa hazırlan.
If a country is well armed, its opponents will be less likely to attack it.


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