The definition :
Definitions of bankruptcy:
- noun: a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
- noun: inability to discharge all your debts as they come due
Example: "The company had to declare bankruptcy"
- noun: a state of complete lack of some abstract property
Example: "Spiritual bankruptcy"
Are you interested in alternative search :
:failure insolvency judicial proceeding legal proceeding proceeding proceedings bankrupt break receiver creditor relation ruin
If you like reading news check: