Bankruptcy
Related Definitions
[n] a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
[n] inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks"
[n] a state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"
Related Terms
bouncing check, breakage, breakdown, bust, collapse, crack-up, crash, crippling, damage, defeat, destruction, detriment, dilapidation, disablement, disrepair, encroachment, failure, futility, harm, hobbling, hurt, hurting, ill success, impairment, incapac