bankruptcy

[US]/ˈbæŋkrʌptsi/
[UK]/ˈbæŋkrʌptsi/
Frequency: Very High

Translation

n. financial failure; business failure; loss of reputation

Phrases & Collocations

declare bankruptcy

file for bankruptcy

bankruptcy protection

bankruptcy law

bankruptcy court

bankruptcy proceedings

bankruptcy code

trustee in bankruptcy

bankruptcy administrator

Example Sentences

the moral bankruptcy of terrorism.

the presentation of the bankruptcy petition.

Bankruptcy was the blight of the family.

The tycoon is on the verge of bankruptcy.

Bankruptcy was the death of his plans.

The threat of bankruptcy hung over the company.

With respect to enterprises whose bankruptcy property is insufficient t cover bankruptcy expenses, the people's court should declare terminatio of bankruptcy proceedings.

Bankruptcy now stares us in the face.

With divorce and bankruptcy proceedings pending, his personal life was in a mess.

It's a matter of record that there were ten bankruptcies in the town last year.

The firm will head toward bankruptcy unless a new manager is elected.

We capitalised our assets to avoid bankruptcy.

June Niffe John Ninfo is a bankrupcy juge bankruptcy judge in Rochister Rochester, New York.

The government has rescued the firm from bankruptcy by giving them a grant.

a bankruptcy case handled by a referee), and anumpire is a person appointed to settle an issue that arbitrators are unable to resolve (

The Federal Reserve came to the aid of insurance giant AIG, engineering an $85 billion rescue, staving off the bankruptcy and hoping to bring a measure of calm to a shellshocked global market.

The classic case is someone on the brink of foreclosure . some investors check court records of divorces arrearages ,upcoming bankruptcy proceedings to find such people .

Real-world Examples

The company has filed for bankruptcy.

Source: CNN 10 Student English October 2019 Collection

And there also will be many more bankruptcies, layoffs, and downsizings.

Source: Rich Dad Poor Dad

Stores that specialize in office attire one by one are announcing their bankruptcy.

Source: VOA Standard English_Americas

This is the largest trucking bankruptcy in the history of the United States.

Source: NPR News August 2023 Compilation

How did it go from that to bankruptcy?

Source: CNN 10 Student English October 2019 Collection

The following month, Celsius filed for bankruptcy.

Source: Financial Times

Tower Records declares bankruptcy. The national music chains.

Source: How Steve Jobs Changed the World

Yes. So, a company could file for bankruptcy.

Source: Learn English by following hot topics.

The company said it was starting bankruptcy proceedings.

Source: BBC World Headlines

A US bankruptcy court must approve that deal.

Source: CNN Selected December 2012 Collection

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