Cool MateMeaning of Bankruptcy
the state of being bankrupt
In simple words: When someone cannot pay their debts and asks the court for help.
Bankruptcy in a sentence
- The company **filed for bankruptcy** *(= asked to be officially ) in 2022.
- **moral/political bankruptcy**
- There could be further bankruptcies among small farmers.
- Small travel operators are facing bankruptcy.
- The company has been forced to file for bankruptcy.
- The defendant has a bankruptcy order against him.
How to use Bankruptcy
Used primarily in legal and financial contexts. Avoid using in casual conversations. Be careful not to confuse with personal failure; it refers to legal status.
Grammar pattern
declare + bankruptcy
Memory hint
Think of a 'bank' going 'broke' — bankruptcy means the bank can't pay its bills.
Related words
Collocations with Bankruptcy
Synonyms for Bankruptcy
Opposites of Bankruptcy
Common mistakes with Bankruptcy
- Confused with 'bankrupt' as an adjective.
- Using 'bankruptcy' in informal situations where it sounds inappropriate.
- Misusing the term in non-financial contexts.
Bankruptcy appears in
Bankruptcy in other languages
- Arabicالعربية
إفلاس
لما شخص ما ما يقدر يدفع ديونه ويطلب مساعدة المحكمة.
- Bengaliবাংলা
দেউলিয়া হওয়া
যখন কেউ তার ঋণ পরিশোধ করতে পারে না এবং আদালতের সাহায্য চায়।
- GermanDeutsch
Insolvenz
Wenn jemand seine Schulden nicht bezahlen kann und das Gericht um Hilfe bittet.
- SpanishEspañol
Quiebra, Bancarrota
Cuando alguien no puede pagar sus deudas y pide ayuda a la corte.
- Persianفارسی
ورشکستگی
وقتی که کسی نمیتواند بدهیهایش را پرداخت کند و از دادگاه کمک میخواهد.
- FrenchFrançais
Faillite
Quand quelqu'un ne peut pas payer ses dettes et demande l'aide du tribunal.
- Hindiहिन्दी
दिवालियापन
जब कोई व्यक्ति अपने कर्ज़ नहीं चुका पाता और अदालत से मदद मांगता है।
- ItalianItaliano
Fallimento
Quando qualcuno non può pagare i propri debiti e chiede aiuto al tribunale.
- PortuguesePortuguês
Falência
Quando alguém não consegue pagar suas dívidas e pede ajuda ao tribunal.
- RussianРусский
Банкротство
Когда кто-то не может погасить свои долги и просит помощи у суда.
- Urduاردو
دیوالیہ پن
جب کوئی شخص اپنے قرضے ادا نہیں کر سکتا اور عدالت سے مدد مانگتا ہے۔
- Chinese中文
破产
当一个人无法偿还债务并请求法院帮助时。
More words like Bankruptcy
- Insolvency
- AbolishC1
To formally put an end to a system, practice, or institution.
- AbortionC1
the deliberate ending of a pregnancy at an early stage
- AbsenceC1
the fact of somebody being away from a place where they are usually expected to be; the occasion or period of time when somebody is away
- AbsentC1
not in a place because of illness, etc.
- AbsorbB2
To take in a liquid, gas, or other substances.
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Frequently asked questions about Bankruptcy
What does Bankruptcy mean?
When someone cannot pay their debts and asks the court for help.
What is the definition of Bankruptcy?
the state of being bankrupt
How do you use Bankruptcy in a sentence?
The company **filed for bankruptcy** *(= asked to be officially ) in 2022.
Can you give another example of Bankruptcy?
**moral/political bankruptcy**
What are synonyms for Bankruptcy?
Common alternatives include insolvency.
What is the opposite of Bankruptcy?
Opposite meanings include solvency, wealth, prosperity.
What words go with Bankruptcy?
It commonly pairs with consumer, personal, corporate, face, avoid, cause, filing, order, proceedings, the threat of bankruptcy.
What are common mistakes when using Bankruptcy?
Confused with 'bankrupt' as an adjective. Using 'bankruptcy' in informal situations where it sounds inappropriate. Misusing the term in non-financial contexts.
How do you pronounce Bankruptcy?
US: /["/ˈbæŋkrʌptsi/"]/, UK: /["/ˈbæŋkrʌptsi/"]/. Listen to the audio above to hear native pronunciation.
Is Bankruptcy formal or informal?
"Bankruptcy" is formal, so it fits professional, business, or academic conversations.
When should I use Bankruptcy?
Used primarily in legal and financial contexts. Avoid using in casual conversations. Be careful not to confuse with personal failure; it refers to legal status.
What CEFR level is Bankruptcy?
"Bankruptcy" is at B1 level on the CEFR scale.