BANKRUPTCY


Meaning of BANKRUPTCY in English

transcription, транскрипция: [ bænkrʌptsi ]

( bankruptcies)

1.

Bankruptcy is the state of being bankrupt. ( BUSINESS )

Many established firms were facing bankruptcy.

= insolvency

N-UNCOUNT

2.

A bankruptcy is an instance of an organization or person going bankrupt. ( BUSINESS )

The number of corporate bankruptcies climbed in August.

= insolvency

N-COUNT

3.

If you refer to something’s bankruptcy , you are emphasizing that it is completely lacking in value or worth.

The massacre laid bare the moral bankruptcy of the regime.

N-UNCOUNT : usu supp N [ emphasis ]

Collins COBUILD Advanced Learner's English Dictionary.      Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне.