bankruptcy Definition and Meaning in English (bankruptcy definition)

noun
Quick Answer • Definition

Bankruptcy definition: Bankruptcy is a legal process for individuals or businesses that are unable to repay their outstanding debts.

Definitions of Bankruptcy

  1. 1noun

    Bankruptcy is a legal process for individuals or businesses that are unable to repay their outstanding debts.

Example Sentences

business

“The company filed for bankruptcy after its major project failed.”

business

“Many small businesses face the threat of bankruptcy during economic downturns.”

Inflected Word Forms

past tensebankrupted
present participlebankrupting
adjectivebankrupt

Frequently Asked Questions: Bankruptcy in English

What is the meaning of Bankruptcy in English?▼
Bankruptcy definition: Bankruptcy is a legal process for individuals or businesses that are unable to repay their outstanding debts.
How do you translate 'Bankruptcy' to English?▼
'Bankruptcy' translates to 'bankruptcy' in English. Bankruptcy definition: Bankruptcy is a legal process for individuals or businesses that are unable to repay their outstanding debts.
How do you pronounce 'Bankruptcy' and 'bankruptcy'?▼
Listen to clear English audio pronunciation of 'Bankruptcy' and native English audio speech for 'bankruptcy' with bilingual sentence examples on DictBridge.

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