bankruptcy
🇺🇸
/ˈbæŋkrʌptsi/
🇬🇧
/ˈbæŋkrʌptsi/
noun
R
when a person or company cannot pay their debts and is legally declared unable to do so
The company declared bankruptcy because it could not pay its bills.
translation
when a person or company cannot pay their debts and is legally declared unable to do so
Word Forms
Plural
bankruptcies