Bankruptcy

Pronunciation

IPA: /ËˆbÃ¦Å‹krÊŒptsÉª/

Origin

bankrupt + -cy

Full definition of bankruptcy

Noun

bankruptcy

(plural bankruptcies)

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

Derived terms

(noun) pre-packaged bankruptcy
(verb) to file for bankruptcy, to go bankrupt

Related terms

(noun) depression, economic downturn, financial crisis, insolvency, recession
(noun) figuratively moral bankruptcy
(adjective) bankrupt, insolvent
(adjective) slang broke, bust, belly up
(adjective) figuratively morally bankrupt
(verb) slang go broke, go bust, go belly up