What does Bankruptcy mean?
A legal proceeding involving a person or business that is unable to repay their outstanding debts.
Filing for bankruptcy was the last option for the struggling retailer.
Bankruptcy in German, French, Spanish and Italian
GermanKonkurs
also Bankrott, Insolvenz
Das gerichtliche Verfahren bei Zahlungsunfähigkeit eines Schuldners.
FrenchFaillite
Situation juridique d'une personne ou entreprise qui ne peut plus payer ses dettes.
SpanishBancarrota
also Quiebra
Situación jurídica en la que una persona o empresa no puede pagar sus deudas.
ItalianBancarotta
also Fallimento
Stato giuridico di un debitore che non è più in grado di soddisfare le proprie obbligazioni.
Synonyms and opposites for Bankruptcy
- Synonym Insolvency
- Synonym Failure
- Opposite Solvency
- Opposite Success