bankruptcy ['bæŋkrəptsi]

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n. �Ʋ�

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n. failure

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1. The boss requests bankruptcy protection for his firm.
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2. Carl attempted to save the company from the bankruptcy but failed.
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3. In an cold winter, a couple had to move out from the luxury villa because of bankruptcy.
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n.
  1. a state of complete lack of some abstract property
  2. inability to discharge all your debts as they come due
  3. a legal process intended to insure equality among the creditors of a corporation declared to be inso

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Bankruptcy
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Bankruptcy code
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bankruptcy proceedings
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bankruptcy judge
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declare bankruptcy
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