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Bankruptcy
Babylon English English dictionaryDownload this dictionary
bankruptcy
n. state of losing property to one's creditors due to unpaid debts

Wikipedia English The Free EncyclopediaDownload this dictionary
Bankruptcy
Bankruptcy is a legal status of an insolvent person or an organisation, that is, one who cannot repay the debts they owe to creditors. In most jurisdictions bankruptcy is imposed by a court order, often initiated by the debtor.

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WordNet 2.0 DictionaryDownload this dictionary
bankruptcy
Noun
1. a state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"
(hypernym) failure
2. inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks"
(synonym) failure
(hypernym) insolvency
(derivation) bankrupt, ruin, break, smash
3. a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
(hypernym) proceeding, legal proceeding, proceedings
(classification) law, jurisprudence


Babylon English-CzechDownload this dictionary
bankruptcy
n. bankrot

Babylon English-PolishDownload this dictionary
bankruptcy
Rzecz. bankructwo; wystąpiła o bankructwo; doprowadziła ich do bankructwa

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