Definition of bankruptcy in English:

bankruptcy

noun

  • 1The state of being bankrupt.

    ‘many companies were facing bankruptcy’
    ‘a series of bankruptcies and scandals’
    [as modifier] ‘bankruptcy proceedings’
    • ‘Most of the bankruptcies stemmed from excess debt and other problems exacerbated by the slowdown.’
    • ‘The empirical model for explaining delinquencies is similar to the one for explaining bankruptcies.’
    • ‘This engendered a complete repudiation of the policy for a considerable period of time following the two bankruptcies.’
    • ‘Merrill Lynch strategist Marty Fridson also warned that the WorldCom scandal could signal a wave of bankruptcies.’
    • ‘It could turn out to be a free-flow of local bankruptcies.’
    • ‘Banks recognize that in a recession, lower interest rates may be necessary to spur growth and prevent bankruptcies.’
    • ‘It is not surprising, given the number of high profile bankruptcies, that investors are noticeably worried about bad debt provisions.’
    • ‘Amid the din of quarterly losses and bankruptcies, the U.S. steel industry got some good news from the government.’
    • ‘Instead, as Samuelson notes, much of the increase was due to layoffs, bankruptcies and cutbacks.’
    • ‘Many more bankruptcies and restructurings are on the horizon, predict experts.’
    • ‘A recent Harvard University study that found runaway medical bills are a major cause of personal bankruptcies.’
    • ‘This can only be done either by mergers or bankruptcies.’
    • ‘For this, keep an eye on newspaper reports of bankruptcies.’
    • ‘This in turn raises the risk of bank bankruptcies and therefore causes banks to curtail the expansion of credit.’
    • ‘The Enterprise Bill will help to reduce the stigma associated with honest failures, including bad-luck bankruptcies.’
    • ‘Widespread bankruptcies and financial failures are leading to mergers in some regions and shutdowns in others.’
    • ‘These losses led to mergers and bankruptcies, and set the stage for leveraged buyouts.’
    • ‘Having already given up so much during the previous bankruptcies, this was supposed to be their time to bask in the benefits.’
    • ‘During a recession, the increase in bankruptcies and the fall in asset prices shrink the asset bases of the banks.’
    • ‘These two bankruptcies led to intensifying deflationary pressures.’
    insolvency, liquidation, failure, ruination, debt, indebtedness
    penury, beggary
    administration, receivership
    pauperdom
    View synonyms
  • 2The state of being completely lacking in a particular quality or value.

    ‘the moral bankruptcy of turning away desperate people’
    • ‘The bankruptcy doesn't bother me; the loss of the flat would, big time.’
    • ‘For that reason alone I am glad of their sickening moral bankruptcy.’
    • ‘Her literary debut, The Grass Is Singing, exposed the moral bankruptcy of the white settler culture.’
    • ‘The demons of hell are having a celebration, cheering the moral bankruptcy of our generation!’
    • ‘Needless to say, they still haven't come to terms with their moral bankruptcy.’
    • ‘They are guilty of the violence of silence, of indifference and of intellectual bankruptcy.’
    • ‘I suspect it's a sign of political and moral bankruptcy that probably isn't treatable.’
    • ‘In effect, he threatens to declare to the world his administration's moral bankruptcy.’
    • ‘What followed was flagrant musical bankruptcy and the insufferable drone of banal music.’
    • ‘They have exposed the economic, political and moral bankruptcy of American society.’
    • ‘It's a testament to the moral bankruptcy of our business leaders that they are not.’
    • ‘A subtext to the book is an expose of the utter moral bankruptcy of pure free markets.’
    • ‘He said the Government had shown a lack of concern and understanding for farmers who faced bankruptcy.’
    • ‘Their crusade against moral bankruptcy may soon shift from being a rallying cry to become government policy.’
    • ‘For many, his indispensable contribution is to have lightened the gloom and moral bankruptcy of those years.’
    • ‘Now, we see a genuine case of the painful price being paid for moral bankruptcy.’
    • ‘This type of moral and epistemic bankruptcy is now entrenched in the corporation's output.’

Pronunciation:

bankruptcy

/ˈbaNGkˌrəp(t)sē/