It is the second airline in two months to file for bankruptcy.
Many established firms were facing bankruptcy.
Synonyms: insolvency, failure, crash, disaster More Synonyms of bankruptcy
2. countable noun
A bankruptcy is an instance of an organization or person going bankrupt.
[business]
The number of corporate bankruptcies climbed in August.
3. uncountable noun
If you refer to something's bankruptcy, you are emphasizing that it is completely lacking in value or worth.
[emphasis]
The massacre laid bare the moral bankruptcy of the regime.
Synonyms: emptiness, want, vacuum, deficiency More Synonyms of bankruptcy
bankruptcy in British English
(ˈbæŋkrʌptsɪ, -rəptsɪ)
nounWord forms: plural-cies
the state, condition, or quality of being or becoming bankrupt
bankruptcy in American English
(bæŋkˌrʌptsi; bæŋkrəpsi)
nounWord forms: pluralˈbankˌruptcies
1.
the state or an instance of being bankrupt
2.
complete failure; ruin
bankruptcy in Finance1
(bænkrʌptsi)
noun
(Finance: General)
Bankruptcy is a legal recognition that a person, an organization, or a company does not have sufficient assets to repay its debts.
It is the second airline in two months to file for bankruptcy.
During bankruptcy, the debtor's assets are held and managed by a court appointed trustee.
Bankruptcy is a legal recognition that a person, an organization, or a company does not havesufficient assets to repay its debts.
Talking about bankruptcyIf someone starts the legal process to become bankrupt, they file for bankruptcy. To say they are bankrupt, they declare bankruptcy. If a person or organization is in danger of becoming bankrupt, they face or risk bankruptcy, or are on the verge of bankruptcy. If a person or organization manages not to become bankrupt, they avoid, avert or escape bankruptcy.
bankruptcy in Finance2
(bænkrʌptsi)
Word forms: (plural) bankruptcies
noun
(Finance: General)
A bankruptcy is when an organization or a person goes bankrupt.
With the recession, the number of corporate bankruptcies climbed in August.
In the event of a bankruptcy, claims of junior creditors are satisfied only after the satisfaction of claims ofsenior creditors.
A bankruptcy is when an organization or a person goes bankrupt.
bankruptcy in Accounting
(bæŋkrʌptsi)
noun
(Accounting: Basic)
Bankruptcy is a legal recognition that a person, organization, or company does not have sufficientassets to repay its debts.
It is the second airline in two months to file for bankruptcy.
With the deepening recession, the number of corporate bankruptcies climbed in August.
Bankruptcy is a legal recognition that a person, organization, or company does not have sufficientassets to repay its debts.
COBUILD Collocations
bankruptcy
avoid bankruptcy
declare bankruptcy
moral bankruptcy
Examples of 'bankruptcy' in a sentence
bankruptcy
After their divorce in 1996 she filed for bankruptcy.
Times, Sunday Times (2016)
In 2012 it filed for bankruptcy.
Times, Sunday Times (2017)
The existing company, which declared bankruptcy two years ago, would struggle to survive.
Times, Sunday Times (2016)
Last year her three-year-old company filed for bankruptcy protection in America.
Times, Sunday Times (2016)
The loosened bankruptcy laws are encouraging people to shed their obligations.
Times, Sunday Times (2006)
These are the ones who will be turning up at the bankruptcy courts in the coming weeks.
Times, Sunday Times (2007)
Unions need to agree to billions more in cost cuts if the group is to avoid bankruptcy.
Times, Sunday Times (2009)
Others had pointed to the moral bankruptcy of capitalism.
Roper, Jon Democracy and its Critics - Anglo-American democratic thought in the nineteenth century (1989)
This week he was locked in talks with lenders to help rescue the airline from bankruptcy.
Times, Sunday Times (2011)
The deal will help the troubled company to avoid bankruptcy.
Times, Sunday Times (2016)
The bakery company declared bankruptcy last year and its assets are due to be auctioned next month.
Times, Sunday Times (2013)
Critics claimed the company moved to take advantage of easy bankruptcy laws.
Times, Sunday Times (2010)
The dispute is due to be settled by the bankruptcy court.
Times, Sunday Times (2012)
They do this in part to avoid costs of bankruptcy.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
How now to recover our financial and moral bankruptcy?
Times, Sunday Times (2012)
Only a bankruptcy court judge can undo those legacies.
Times, Sunday Times (2008)
It is only as a last resort that lenders demand early repayment and force the company into bankruptcy.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)
The recent relaxation of the bankruptcy laws is thought to be one reason so many indebted people are using this escape route.
Times, Sunday Times (2006)
But it went into liquidation in October and the company filed for bankruptcy.
The Sun (2013)
Were this blanket ban to continue, it would certainly mean bankruptcy for some airlines.
Times, Sunday Times (2010)
If you have a bankruptcy or two under your belt, you somehow have a badge of courage.
Times, Sunday Times (2007)
A pastor filed for bankruptcy protection from her creditors.
Christianity Today (2000)
Britain's largest oil storage facility has been put up for sale after its troubled American owner filed for bankruptcy protection.
Times, Sunday Times (2009)
Now they are exploiting the UK's more lenient bankruptcy regime to rid themselves of their debts.
Times, Sunday Times (2012)
In other languages
bankruptcy
British English: bankruptcy NOUN
Bankruptcy is the state of being bankrupt.
It is the second airline in two months to file for bankruptcy.
American English: bankruptcy
Brazilian Portuguese: falência
Chinese: 破产 >状态
European Spanish: quiebra
French: faillite
German: Bankrott
Italian: fallimento
Japanese: 破産状態
Korean: 파산
European Portuguese: falência
Latin American Spanish: quiebra
All related terms of 'bankruptcy'
avoid bankruptcy
Bankruptcy is the state of being bankrupt .
Bankruptcy Court
a section of the United States federal court which specializes in the handling of bankruptcy cases
bankruptcy estate
all of the interests that a debtor has at the start of a bankruptcy case
bankruptcy order
a court order appointing a receiver to manage the property of a debtor or bankrupt
declare bankruptcy
Bankruptcy is the state of being bankrupt .
moral bankruptcy
If you refer to something's bankruptcy , you are emphasizing that it is completely lacking in value or worth .
bankruptcy petition
an official request for protection under bankruptcy laws, which initiates bankruptcy proceedings
bankruptcy proceedings
the legal business of a bankruptcy case
bankruptcy protection
If an insurance policy gives you protection against an event such as death, injury , fire, or theft , the insurance company will give you or your family money if that event happens .
trustee in bankruptcy
a person entrusted with the administration of a bankrupt's affairs and with realizing his or her assets for the benefit of the creditors
declaration of bankruptcy
a formal statement made by a company or individual to announce that they are bankrupt
receiving order
a court order appointing a receiver to manage the property of a debtor or bankrupt
Chinese translation of 'bankruptcy'
bankruptcy
(ˈbæŋkrʌptsɪ)
n
(u) (lit) 破产(產) (pòchǎn)
(c) (= particular instance) 破产(產) (pòchǎn)
(u) (fig) 完全缺乏 (wánquán quēfá)
1 (noun)
Many established firms were facing bankruptcy.
Synonyms
insolvency
Seven of the eight companies are on the brink of insolvency.
failure
Business failures rose 16% last month.
crash
He predicted correctly that there was going to be a stock market crash.
disaster
The whole production was a disaster.
ruin
Recent inflation has driven them to the brink of ruin.
liquidation
indebtedness
2 (noun)
The massacre laid bare the moral bankruptcy of the regime.
Synonyms
emptiness
She wanted an artistic hobby to fill the emptiness of her days.
want
The men were daily becoming weaker for want of rest.
vacuum
The spinning turbine creates a vacuum.
deficiency
They did tests for signs of vitamin deficiency.
void
the limitless void of outer space
shortcoming
deprivation
Unemployment can sometimes cause social deprivation.
dearth
a dearth of resources
destitution
vacuity
Additional synonyms
in the sense of crash
Definition
the sudden collapse of a business or stock exchange
He predicted correctly that there was going to be a stock market crash.