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Audio English.org » Dictionary » B » Bank Failure ... Banzai Charge

BANKRUPTCY

Pronunciation (US): Play

 Dictionary entry overview: What does bankruptcy mean? 

BANKRUPTCY (noun)
  The noun BANKRUPTCY has 3 senses:

1. a state of complete lack of some abstract property
2. inability to discharge all your debts as they come due
3. a legal process intended to insure equality among the creditors of a corporation declared to be insolvent

  Familiarity information: BANKRUPTCY used as a noun is uncommon.


 Dictionary entry details 


BANKRUPTCY (noun)


Sense 1bankruptcy [BACK TO TOP]

Meaning:

A state of complete lack of some abstract property

Classified under:

Nouns denoting stable states of affairs

Context examples:

spiritual bankruptcy / moral bankruptcy / intellectual bankruptcy

Hypernyms ("bankruptcy" is a kind of...):

failure (lack of success)


Sense 2bankruptcy [BACK TO TOP]

Meaning:

Inability to discharge all your debts as they come due

Classified under:

Nouns denoting stable states of affairs

Synonyms:

bankruptcy; failure

Context examples:

the company had to declare bankruptcy / fraudulent loans led to the failure of many banks

Hypernyms ("bankruptcy" is a kind of...):

insolvency (the lack of financial resources)


Sense 3bankruptcy [BACK TO TOP]

Meaning:

A legal process intended to insure equality among the creditors of a corporation declared to be insolvent

Classified under:

Nouns denoting acts or actions

Hypernyms ("bankruptcy" is a kind of...):

legal proceeding; proceeding; proceedings ((law) the institution of a sequence of steps by which legal judgments are invoked)

Domain category:

jurisprudence; law (the collection of rules imposed by authority)


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