Definition and meaning of English word "bankruptcy"
bankruptcy
/ˈbæŋkrʌptsi/
Meaning
NounA legally declared or recognized condition of insolvency of a person or organization.
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.
Your personal vocabulary
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Common phrases
- file for bankruptcy— file for bankruptcy
- declare bankruptcy— declare bankruptcy
- bankruptcy proceedings— bankruptcy proceedings
This concept in other languages
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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