bankruptcy
IPA: bˈæŋkrʌpsi
noun
- (finance, law) A legally declared or recognized condition of insolvency of a person or organization.
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Examples of "bankruptcy" in Sentences
- The abortive effort ended in bankruptcy.
- The Encyclopedia was not part of the bankruptcy.
- Constant Energy is a creditor in the bankruptcy.
- It was released after the bankruptcy of the company.
- This is in the article, in the bankruptcy proceedings.
- The Bankruptcy Court confirmed the plan of Broadcaster.
- The issue was made part of the bankruptcy reorganizaiton.
- The bankruptcy of the company was declared in October 1993.
- As a result of the embezzlement, Paris filed for bankruptcy.
- Sales plummeted and brought the company to the verge of bankruptcy.
- I believe this economy will turn around within a year but not if this bankruptcy is allowed to proceed.
- And a Harvard University study shows that the average medical debt for people who have ended up in bankruptcy is $12,000.
- Get used to the fact that the term bankruptcy is meaningless in the context of what is going on, and for such enormous balance sheets like AIG's.
- "When you hear the word bankruptcy attached to a major city in Pennsylvania, that's the time where all these parties have to get together and say we need to find something else here."
- We previously didn't have the negative identity associated with the word 'bankruptcy' to deal with,'' said Mr. Hilson, whose group had urged county officials to not file for Chapter 9.
- Because of the unique nature of the infrastructure, and the environmental rules vis a vis underground tanks, the best use for a gasoline station sold in bankruptcy is another gasoline station.
- The most obvious explanation—weekend reports of a ¥570 billion $7.1 billion current-year loss and an utterance of the word "bankruptcy" from the Tokyo Stock Exchange's president—is also the least sensible.
- But, you know, the minute that they said that there was obviously uproar in Detroit, because the car companies have been very, very resistant to having anything with the label bankruptcy on it even if it is an orderly bankruptcy.