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 ?
That they were gone was clear; and the bankruptcy proceedings which followed were like a sinister farce, bursts of laughter in a setting of mute anguish--that of the depositors; hundreds of thousands of them.
The bankruptcy proceedings had exhausted all the laughter there was in it.
said, "In some of those companies, the state is the biggest creditor, so the decisions to initiate bankruptcy proceedings can be postponed there by political decisions.
Banks, farming companies, building firms, leather and shoe-producing facilities and many other factories in Macedonia have been stuck in bankruptcy proceedings for decades.
Future bankruptcy trustees will have shorter terms to complete bankruptcy proceedings if the proposals and modifications put forward by the Bankruptcy Committee of the Government are accepted.
11, 2011 /PRNewswire/ -- The Los Angeles Dodgers today stated: MLB's withdrawal of its motion to disqualify Dewey & LeBoeuf LLP and Young Conaway Stargatt & Taylor LLP as attorneys for the Dodgers as debtor in these bankruptcy proceedings is appropriate.
Individuals in personal bankruptcy proceedings can continue repaying loans taken from their retirement plans within the limits set by ERISA or the IRS.
Supreme Court agreed to hear a case involving four Virginia colleges that could determine if states are immune from bankruptcy proceedings.
The taxpayer reiterated that V&M's S corporation status ended when it entered bankruptcy proceedings but now used the argument that V&M no longer met the eligibility requirements under the Internal Revenue Code.
PALMDALE - Eight years of financial problems, legal maneuvers and bankruptcy proceedings that have delayed the 7,200-home Ritter Ranch master-planned community could end Thursday with an auction in bankruptcy court.
Holmes, MD GA, 3/16/04, the bankruptcy court acted within its jurisdiction in issuing an order directing the IRS to consider a debtor's offer-in-compromise (OIC), notwithstanding its policy against considering OICs from persons involved in pending bankruptcy proceedings.
BANKRUPTCY proceedings have started against the Midlands richest criminal - timeshare crook John 'Goldfinger' Palmer.