bankruptcy
Translation
bankruptcy, insolvency
Examples
The company filed for bankruptcy protection.
The company filed for bankruptcy protection.
He faced bankruptcy after a series of bad investments.
He faced bankruptcy after a series of bad investments.
Grammar Patterns
to file for bankruptcy to officially ask to be declared bankrupt The company filed for bankruptcy protection.
Similar Words
Synonyms: insolvency, failure, ruin
Etymology
From 'bankrupt' + '-cy' (a suffix indicating a state or condition).
Memory Tips
Remember this as the state or condition ('-cy') of being 'bankrupt'.