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bankruptcy
[ bangk-ruhpt-see, -ruhp-see ]
noun
- the state of being or becoming bankrupt.
- utter ruin, failure, depletion, or the like.
bankruptcy
/ ˈbæŋkrʌptsɪ; -rəptsɪ /
noun
- the state, condition, or quality of being or becoming bankrupt
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Notes
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Other Words From
- pre·bankrupt·cy noun plural prebankruptcies
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Word History and Origins
Origin of bankruptcy1
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Example Sentences
Real Housewives of New Jersey star Teresa Giudice turned herself in to serve a 15-month sentence for bankruptcy fraud.
Slim turned Bush down, and Lehman filed for bankruptcy in September 2008, just weeks before the presidential election.
So while mourning the closing of De Robertis, consider that we might someday mourn the bankruptcy of whatever chain replaces it.
“Half of the stuff is gone because my wife took it, you know,” Roger Williams said during a bankruptcy-related hearing.
This was a series that traded the glorification of moral bankruptcy for family values.
The financial burden of the war, as the full measure of it dawned upon our minds, seemed to betoken a universal bankruptcy.
After one month, and within a year from the adjudication of bankruptcy, the bankrupt may apply for a discharge.
Another act of bankruptcy is to convey, transfer, conceal or remove property with the intention to defraud creditors.
The federal Bankruptcy Act prescribes what property passes to the trustee and also what is exempt.
Every debt which may be recovered either at law or in equity may be proved in bankruptcy.
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