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bankruptcy::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Synonyms | failure |
| Type of | insolvency |
| Derivation | bankrupt |
the company had to declare bankruptcy.
bankruptcy::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | proceedings, legal proceeding, proceeding |
bankruptcy::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | failure |
spiritual bankruptcy.
moral bankruptcy.
intellectual bankruptcy.
Examples of bankruptcy
bankruptcy
Seven American upstarts have filed for bankruptcy, and dozens more are expected.
From the businessweek.com
If your employer goes into bankruptcy, the money is subject to creditors'claims.
From the businessweek.com
A more subtle problem is the way the bankruptcy code protects secured creditors.
From the businessweek.com
The bankruptcy code is well suited to officiate in a contest for limited assets.
From the businessweek.com
The bankruptcy filings come after the farm has been sued by two Lexington banks.
From the kentucky.com
Now, it's filling the void here and in San Jose left by the Mexicana bankruptcy.
From the sacbee.com
Then, in May 2009, it put all four plants into Chapter 11 bankruptcy protection.
From the sacbee.com
When Jobs returned to Apple in the 1990s, it was was weeks away from bankruptcy.
From the forbes.com
The city has to spend all this money and constantly be flirting with bankruptcy.
From the forbes.com
- A state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual 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
- Bankruptcy is simply the inability of an individual to secure any more money from a bank. It is a device that informs banks that an individual or organization will not be able to pay monies owed if any more money is lent. ...
- A legally declared or recognized condition of insolvency of a person or organization
- (Bankruptcies) Dealing with personal insolvency.
- A proceeding in a federal court in which a debtor who owes more than his or her assets can relieve the debts by transferring his or her assets to a trustee.
- A legal procedure for dealing with debt problems of individuals and businesses; specifically, a case filed under one of the chapters of title 11 of the United States Code (the Bankruptcy Code).
- Legally declared unable to pay your debts as they become due. Bankruptcy can severely impact your ability to borrow money. Talk to a credit counselor as soon as you realize you are having problems paying your bills on time to try to prevent bankruptcy.
