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bankruptcy
💸
bankruptcy
noun
/ˈbæŋkrʌptsi/
Bankrupt
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Meaning
the state of being unable to pay debts owed, declared by a legal process
Example Sentences
The company declared
bankruptcy
after months of financial struggles.
Synonyms
insolvency, liquidation, failure, collapse
Antonyms
solvency, prosperity, success
Collocations
file for bankruptcy, declare bankruptcy, go bankrupt, bankruptcy court
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