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- pronunciation:
- baeng
kr
 p
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.
- antonyms:
- solvency
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| 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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