You searched for: “bankruptcy
bankruptcy
The inability to pay one's debts or legal insolvency.
This entry is located in the following unit: Economical, Business, and Financial Terms + (page 2)
Word Entries at Word Info: “bankruptcy
bankruptcy (s) (noun), bankruptcies (pl)
1. A person or organization that is legally declared incapable of paying is financially owed to another person or group.
2. A lack of resources; the complete lack of a particular quality; especially, good or ethical qualities; moral bankruptcy.
This entry is located in the following units: -cy (page 1) rupt-, -rupting, -ruption (page 1)