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Definition and meaning of English word "bankruptcy"

bankruptcy

/ˈbæŋkrʌptsi/

Meaning

Noun

A legally declared or recognized condition of insolvency of a person or organization.

Reviewed by the TheLernen language team

How to use

The term 'bankruptcy' is typically used in formal and professional contexts, such as legal proceedings or financial discussions. A common grammatical nuance is that 'bankruptcy' is often followed by the preposition 'of', as in 'the bankruptcy of the company'. Learners should note that 'bankruptcy' is not typically used to describe an individual in everyday conversation, but rather in formal or technical contexts.

🇬🇧 English

bankruptcy

Example

It is important to keep the bankruptcy in a safe place.

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Synonyms

insolvencydefaultliquidation

Common phrases

  • file for bankruptcyfile for bankruptcy
  • declare bankruptcydeclare bankruptcy
  • bankruptcy proceedingsbankruptcy proceedings

Frequency rank: #1268 in English

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Frequently Asked Questions

What does the English word "bankruptcy" mean?

The English word "bankruptcy" means "bankruptcy" in English.

How do you pronounce the English word "bankruptcy"?

You can hear the correct audio pronunciation of the word "bankruptcy" by clicking the play button next to the word at the top of this page.

Can I see an example sentence with "bankruptcy"?

Yes, here is a practical example: "She chose a new bankruptcy yesterday." (which translates as "bankruptcy").

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