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Qué (quién) es BANKRUPT - definición
LEGAL PROCESS THROUGH WHICH PEOPLE OR OTHER ENTITIES WHO CANNOT REPAY DEBTS TO CREDITORS MAY SEEK RELIEF FROM SOME OR ALL OF THEIR DEBTS
Bankruptcies; Bankruptcy law; Bankrupting; Bankruptcy proceeding; Bankruptcy proceedings; Bankrupted; Bankrupcy; Bankrupt; Bankruptcy protection; Voluntary bankruptcy; Involuntary bankruptcy; Reorganization bankruptcy; Bankrupsy; Banckruptcy; Civil Aspect of Bankruptcy; Bankruptcy fraud; Bankruptcy, Civil Aspect of; Consumer proposal; Bankruptcy basics; Bankruptcy Law; Fraudulent bankruptcy; Bankruptcy petition; Moral Aspect of Bankruptcy; Bankruptcy, Moral Aspect of; Insolvency and reorganization law; Creditor debtor rights; Creditor debtor rights law; Backruptcy; Personal insolvency; Insolvency law of Sweden
![largest municipal bankruptcy case]] in U.S. history.](https://commons.wikimedia.org/wiki/Special:FilePath/Detroit, USA Taken From Windsor, Canada.jpg?width=200 "largest municipal bankruptcy case]] in U.S. history.")
![John Law]]'s [[Mississippi Company]] led to French national bankruptcy in 1720.](https://commons.wikimedia.org/wiki/Special:FilePath/John Law cartoon (1720).png?width=200 "John Law]]'s [[Mississippi Company]] led to French national bankruptcy in 1720.")
bankrupt
¦ adjective
1. declared in law unable to pay one's debts.
2. completely lacking in a particular good quality or value: the cause is morally bankrupt.
¦ noun a person judged by a court to be bankrupt.
¦ verb reduce to a bankrupt state.
Derivatives
bankruptcy noun (plural bankruptcies).
Origin
C16: from Ital. banca rotta 'broken bench'.
bankrupt
adj. to go bankrupt
bankrupt
I. a.
Insolvent.
II. n.
Insolvent debtor.
Wikipedia
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.
Bankrupt is not the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency.
Ejemplos de uso de BANKRUPT
1. "If we were bankrupt maybe, but they have made a miracle by building a new stadium without being bankrupt.
2. Smolensky‘s bank collapsed and Runicom became bankrupt.
3. "The government was practically bankrupt," he says.
4. Patrick Barclay, who writes so beautifully about the sport, made no bones about it in a recent essay: ‘It‘s time football declared itself bankrupt, morally bankrupt.‘ Fat chance.
5. The ministry announced in newspapers that Ajhouri’s companies were bankrupt.