BANKRUPTCY — ТЛУМАЧЕННЯ

bankruptcy

A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy.
Inability to discharge all your debts as they come due. Приклади
  • The company had to declare bankruptcy.
  • Fraudulent loans led to the failure of many banks.
A state of complete lack of some abstract property. Приклади
  • Spiritual bankruptcy.
  • Moral bankruptcy.
  • Intellectual bankruptcy.
WordNet
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