[
US
/ˈbæŋkɹəpsi, ˈbæŋkɹəptsi/
]
[ UK /bˈæŋkɹʌptsi/ ]
[ UK /bˈæŋkɹʌptsi/ ]
NOUN
-
a state of complete lack of some abstract property
intellectual bankruptcy
moral bankruptcy
spiritual 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
How To Use bankruptcy In A Sentence
- This, coupled with a lack of accounting controls, led the district into bankruptcy.
- His bankruptcy or winding-up usually abrogates the agreement, and may restore to the bank its right to combine the accounts without notice.
- What a truly American story, as Elizabeth went on to become a Harvard Law Professor and expert on finance and bankruptcy law, writing and coauthoring 4 books on finance. Pearl Korn: Lessons Learned From The Appointment Of Elizabeth Warren
- There is increased speculation this could be done through bankruptcy or a reorganization under bankruptcy protection.
- Credit-carddebt. com provides insight on the future of bankruptcy and a popular bankruptcy alternative. The Earth Times Online Newspaper
- One day our political parties may demand public money to rescue them from bankruptcy. The Sun
- He told us point - blank that his company was on the verge of bankruptcy.
- Its author believes that Border's bankruptcy and massive store shutdown is a result of the dummying down of books and America's ultimate good taste. Laura Munson: Books Without Borders
- Combined with customers who would steer clear of Detroit brands because of uncertainty surrounding maintenance warranties, a messy bankruptcy could have have kicked off a vicious downward spiral that could have ended in liquidation and enormous job losses. Wonk Room » If We Had Let GM Go Bankrupt Last November, We Could Have Lost Another Million Jobs
- November 28th, 2008 at 3: 07 am an illinois mortgage broker ppfllc morgage financial debt bankruptcy helplines organization says: an illinois mortgage broker ppfllc morgage financial debt bankruptcy helplines organization … burrow individualizes restatement linoleum sunk … Think Progress » Much bigger than the Dukestir.
