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Definition of Bankruptcy
1. Noun. A state of complete lack of some abstract property. "Intellectual bankruptcy"
Generic synonyms: Failure
2. Noun. Inability to discharge all your debts as they come due. "Fraudulent loans led to the failure of many banks"
3. Noun. A legal process intended to insure equality among the creditors of a corporation declared to be insolvent.
Generic synonyms: Legal Proceeding, Proceeding, Proceedings
Category relationships: Jurisprudence, Law
Category relationships: Jurisprudence, Law
Definition of Bankruptcy
1. n. The state of being actually or legally bankrupt.
Definition of Bankruptcy
1. [n -CIES]
Medical Definition of Bankruptcy
1. The state of legal insolvency with assets taken over by judicial process so that they may be distributed among creditors. (12 Dec 1998)
Lexicographical Neighbors of Bankruptcy
Other Resources:
Estonian