Bankruptcy
41bankruptcy — Proceedings under federal law whereby a debtor can discharge (i.e., wipe out) his or her debts or have protection from creditors while trying to repay them. Liquidation bankruptcy (Chapter 7) involves discharging debts by the surrender of… …
42bankruptcy — n. to declare, go into, file for, petition for bankruptcy * * * [ bæŋkrʌp(t)sɪ] file for. petition for bankruptcy go into to declare …
43bankruptcy — bank|rupt|cy [ˈbæŋkrʌptsi] n plural bankruptcies 1.) [U and C] the state of being unable to pay your debts = ↑insolvency ▪ In 1999 it was revealed that he was close to bankruptcy. ▪ When inflation rises, so do bankruptcies. 2.) [U] a total lack… …
44bankruptcy — The state of an individual who is unable to pay his or her debts and against whom a bankruptcy order has been made by a court. Such orders deprive bankrupts of their property, which is then used to pay their debts. See feature BANKRUPTCY LAW on… …
45bankruptcy — The state of individuals who are unable to pay their debts and against whom a bankruptcy order has been made by a court. The order deprives bankrupts of their property, which is then used to pay their debts. See feature Bankruptcy Law on p. XYZ …
46bankruptcy — / bæŋkrʌptsi/ noun the state of being bankrupt ● The recession has caused thousands of bankruptcies. (NOTE: The plural is bankruptcies.) COMMENT: In the UK, bankruptcy is applied only to individual persons, but in the USA the term is also applied …
47bankruptcy — noun /ˈbæŋkrʌptsɪ/ A legally declared or recognized condition of insolvency of a person or organization. See Also: depression, economic downturn, financial crisis, insolvency, recession, moral bankruptcy, bankrupt, insolvent, broke, bust …
48bankruptcy — Legal status of a company unable to pay creditors. Bankruptcy usually involves a formal court ruling. Securities issued by this company risk losing all of their value …
49bankruptcy — noun 1 (C, U) the state of being unable to pay your debts: There has been a sharp increase in bankruptcies in the last two years. 2 (U) a total lack of a particular good quality: the moral bankruptcy of this materialistic society …
50bankruptcy — noun many companies were facing bankruptcy Syn: insolvency, liquidation, failure, ruin, financial ruin, collapse, receivership Ant: solvency …
