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Definition of bankrupcy

"Bankrupcy" is probably misspelled. Trying bankruptcy instead Definition of bankruptcy

1. bankruptcy [ n ] inability to discharge all your debts as they come due
Examples: "the company had to declare bankruptcy" "fraudulent loans led to the failure of many banks"

Used in print:

(Gene Caesar, Rifle for Rent....)

But to the cattlemen who had been facing bankruptcy from rustling losses and to the cowboys who had been faced with lay-offs a_few years earlier , he was becoming a vastly different type of legendary figure .

Synonyms bankruptcy failure Related Terms insolvency fail

2. bankruptcy [ n ] a state of complete lack of some abstract property
Examples: "spiritual bankruptcy" "moral bankruptcy" "intellectual bankruptcy"

Used in print:

(William C. Smith, "Why Fear Ideas?"...)

But what a super Herculean task it is to winnow anything of value from the mud_beplastered arguments used so freely , particularly since such common use is made of cliches and stereotypes , in themselves declarations of intellectual bankruptcy .

Synonyms bankruptcy Related Terms failure

3. bankruptcy [ n ] a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy

Synonyms bankruptcy Related Terms proceeding law

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