|
English to English noun
| 1 |
a state of complete lack of some abstract property |  | Example: spiritual bankruptcy
moral bankruptcy
intellectual bankruptcy
source: wordnet30
| 2 |
inability to discharge all your debts as they come due | | Example: the company had to declare bankruptcy
fraudulent loans led to the failure of many banks
source: wordnet30
| 3 |
a legal process intended to insure equality among the creditors of a corporation declared to be insolvent | | source: wordnet30
| 4 |
The state of being actually or legally bankrupt. | | source: webster1913
|