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bankruptcy

bank·rupt·cy

bankruptcy

 
 
pronunciation:
baeng krp si
features:
Word Combinations (noun), Word Parts
part of speech: noun
inflections: bankruptcies
definition 1: the condition of being legally insolvent or bankrupt; impoverishment or destitution.
The business was forced to declare bankruptcy after several bad years.
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antonyms:
solvency
definition 2: a condition of utter failure, ruin, or lack.
They declared the ethical bankruptcy of the government's policies.Some say that the decline of the Roman Empire was due to moral bankruptcy.
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