bankruptcy

  • 31bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …

    Universalium

  • 32Bankruptcy — State of being unable to pay debts. Thus, the ownership of the firm s assets is transferred from the stockholders to the bondholders. The New York Times Financial Glossary * * * bankruptcy bank‧rupt‧cy [ˈbæŋkrʌptsi] noun bankruptcies PLURALFORM… …

    Financial and business terms

  • 33bankruptcy — Inability to pay debts. In bankruptcy of a publicly owned entity, the ownership of the firm s assets is transferred from the stockholders to the bondholders. Bloomberg Financial Dictionary Legal status of a company unable to pay creditors.… …

    Financial and business terms

  • 34Bankruptcy — A legal proceeding involving a person or business that is unable to repay outstanding debts. The bankruptcy process begins with a petition filed by the debtor (most common) or on behalf of creditors (less common). All of the debtor s assets are… …

    Investment dictionary

  • 35bankruptcy — noun ADJECTIVE ▪ consumer, personal ▪ corporate ▪ intellectual, moral VERB + BANKRUPTCY ▪ face …

    Collocations dictionary

  • 36bankruptcy */ — UK [ˈbæŋkrʌptsɪ] / US [ˈbæŋkˌrʌptsɪ] noun Word forms bankruptcy : singular bankruptcy plural bankruptcies 1) [countable/uncountable] a situation in which a person or business becomes bankrupt The recession led to a flood of bankruptcies. face… …

    English dictionary

  • 37bankruptcy — [[t]bæ̱nkrʌptsi[/t]] bankruptcies 1) N UNCOUNT Bankruptcy is the state of being bankrupt. Pam Am is the second airline in two months to file for bankruptcy... Many established firms were facing bankruptcy. Syn: insolvency 2) N COUNT A bankruptcy… …

    English dictionary

  • 38bankruptcy — bank|rupt|cy [ bæŋk,rʌptsi ] noun * 1. ) count or uncount a situation in which a person or business becomes bankrupt: The recession led to a flood of bankruptcies. face bankruptcy: Many small farmers are facing bankruptcy. declare bankruptcy: The …

    Usage of the words and phrases in modern English

  • 39bankruptcy — The legal status of an organization or individual unable to settle its liabilities. Bankruptcy tends to mean the end of a business as a *going concern, though bankruptcy laws in most jurisdictions include allowance for attempts to rescue all or… …

    Auditor's dictionary

  • 40bankruptcy — noun 1. a state of complete lack of some abstract property (Freq. 1) spiritual bankruptcy moral bankruptcy intellectual bankruptcy • Hypernyms: ↑failure 2. inability to discharge all your debts as they come due (Freq. 1) …

    Useful english dictionary