bankruptcy

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bank·rupt·cy

 (băngk′rəpt-sē, -rəp-sē)
n.
1. The state of being bankrupt.
2. A legal proceeding that allows for a person or entity to be declared bankrupt.
3. The system of adjudication that declares instances of bankruptcy: went into bankruptcy.

bankruptcy

(ˈbæŋkrʌptsɪ; -rəptsɪ)
n, pl -cies
the state, condition, or quality of being or becoming bankrupt

bank•rupt•cy

(ˈbæŋk rʌpt si, -rəp si)

n., pl. -cies.
1. the state of being bankrupt.
2. utter ruin or failure.
[1690–1700]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.bankruptcy - a state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"
failure - lack of success; "he felt that his entire life had been a failure"; "that year there was a crop failure"
2.bankruptcy - inability to discharge all your debts as they come duebankruptcy - 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"
insolvency - the lack of financial resources
3.bankruptcy - a legal process intended to insure equality among the creditors of a corporation declared to be insolventbankruptcy - a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
legal proceeding, proceeding, proceedings - (law) the institution of a sequence of steps by which legal judgments are invoked
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"

bankruptcy

noun
1. insolvency, failure, crash, disaster, ruin, liquidation, indebtedness Many established firms were facing bankruptcy.
2. emptiness, want, vacuum, deficiency, void, shortcoming, deprivation, dearth, destitution, vacuity The massacre laid bare the moral bankruptcy of the regime.

bankruptcy

noun
The condition of being financially insolvent:
Translations
إِفْلاس
bankrotúpadek
fallitkonkursbankerot
konkurssivararikko
csõd
gjaldòrot
surseance van betaling
bankrot
bankrot
konkurs
iflâs

bankruptcy

[ˈbæŋkrəptsɪ]
A. N
1. (Jur) → quiebra f
2. (fig) → falta f (of de) moral bankruptcydecadencia f moral
B. CPD bankruptcy court N (Brit) → tribunal m de quiebras
bankruptcy proceedings NPLjuicio m de insolvencia

bankruptcy

[ˈbænkrʌptsi ˈbæŋkrəptsi] n
(financial) [person, company] → faillite f
to file for bankruptcy → déposer son bilan
(fig) moral bankruptcy → carence f de moralité
intellectual bankruptcy → carence f intellectuellebank statement nrelevé m de comptebank transfer nvirement m bancaire (électronique)bank vault nchambre f fortebanned substance n (= drug) → substance f prohibée

bankruptcy

n
(Jur) → Bankrott m, → Konkurs m; (instance) → Konkurs m; the possibility of bankruptcydie Möglichkeit eines or des Bankrotts or Konkurses
(fig)Bankrott m

bankruptcy

:
Bankruptcy Court
nKonkursgericht nt
bankruptcy proceedings

bankruptcy

[ˈbæŋkrəptsɪ] nfallimento, bancarotta
bankruptcy proceedings → procedura fallimentare

bankrupt

(ˈbӕŋkrapt) adjective
unable to pay one's debts. He has been declared bankrupt.
noun
a person who is unable to pay his debts.
verb
to make bankrupt. His wife's extravagance soon bankrupted him.
ˈbankruptcy noun
References in classic literature ?
Always magnanimous and the soul of honor, Scott refused to take advantage of the bankruptcy laws, himself assumed the burden of the entire debt, and set himself the stupendous task of paying it with his pen.
Under current bankruptcy law, disability benefits paid by the Department of Veterans Affairs and Department of Defense are included in the calculation of a debtors disposable income, increasing the portion of the debtors income that is subject to the reach of creditors.
The workshop focused on explaining the local bankruptcy law and financial restructuring procedures, with the participation of representatives from the Ministry of Finance (MoF), judges and those involved in bankruptcy cases in the Dubai Courts, Abu Dhabi Judicial Department and Ras Al Khaimah Courts.
Summary: Mumbai (Maharashtra) [India], Mar 19 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) signed a memorandum of understanding (MoU) on Tuesday with the Securities and Exchange Board of India (SEBI) for effective implementation of the new bankruptcy law.
Summary: More FDI flows expected as UAE firm restructures debt under bankruptcy law for first time
Ashish Makhija in capturing the comprehensive and dynamic nature of the bankruptcy law in this book.
LONDON: Saudi Arabia will introduce its first comprehensive bankruptcy law on Aug.
Legal persons the same as natural person who have the status of the entrepreneurial activity subject, are covered under Bankruptcy Law.
The group helps women in bankruptcy law and similar fields connect with each other and succeed.
Issued pursuant to Chapter 2 of the Bankruptcy Law, the Resolution regulates the governance, authority and functions of the FRC.
Bankruptcy law In late January the Egyptian parliament approved the country's first-ever bankruptcy law in a bid to encourage both local and foreign investment in Egypt.
MANAMA: Experts have called for a bankruptcy law to protect entrepreneurs and small businesses.

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