bank ‧ rupt ‧ cy /ˈbæŋkrʌptsi/ BrE AmE noun ( plural bankruptcies )
1 . [uncountable and countable] the state of being unable to pay your debts SYN insolvency :
In 1999 it was revealed that he was close to bankruptcy.
When inflation rises, so do bankruptcies.
2 . [uncountable] a total lack of a particular good quality:
the moral bankruptcy of terrorism