单词 | bankruptcy |
释义 | bankruptcy (once / 695 pages) n Bankruptcy is a state of being bankrupt, or having no money to pay back debts that you owe. Bankruptcy is a state of being bankrupt, or having no money to pay back debts that you owe. When you file for bankruptcy, you are giving up all your possessions and declaring, essentially, that you don't have any money left. During the recession, lots of businesses had to file for bankruptcy or declare by law that they were unable to pay off their debts. The ending of the word bankruptcy is a tricky one. Remember that it ends in tcy. WORD FAMILYbankruptcy: bankruptcies+/bankrupt: bankruptcy, bankrupted, bankrupting, bankrupts USAGE EXAMPLESThe country’s largest shipping line, Hanjin, recently filed for bankruptcy. New York Times(Jan 02, 2017) Other statistics reflected a strengthening economy, with bankruptcy filings dropping to their lowest level since 2007. New York Times(Dec 31, 2016) It was less than a year ago that it emerged from bankruptcy under new management after a bitter court fight and began staging operas again. New York Times(Dec 30, 2016) 1n a legal process intended to insure equality among the creditors of a corporation declared to be insolvent Hyper legal proceeding, proceeding, proceedings (law) the institution of a sequence of steps by which legal judgments are invoked 2n inability to discharge all your debts as they come due the company had to declare bankruptcy Syn|Hyper failure insolvency the lack of financial resources 3n a state of complete lack of some abstract property spiritual bankruptcy moral bankruptcy intellectual bankruptcy Hyper failure lack of success |
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