Pronounce Bankruptcy as B AH N K R UW P T K Y.
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a state of complete lack of some abstract property
"spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"
bankruptcy, failure(noun)inability to discharge all your debts as they come due
"the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks"
bankruptcy(noun)a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
the inability to pay one's debtslearned the hard way the costs of declaring bankruptcy
The company he used to work for went into bankruptcy last month.
Unless we find some way to drum up more business, bankruptcy will be our only option.
Under the circumstances, bankruptcy is inevitable.
As a matter of fact, bankruptcy is inevitable.