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Bankruptcy
 Bankruptcy
law Bankr.
 bankruptcy
law legal declaration of one’s inability to pay personal debts; bkcy
| Failure
 failure
abbr. amer. slang bust
mil. abbr. fail; flr

bankruptcy ['bæŋkrʌp(t)sɪ] n
law legal declaration of one’s inability to pay personal debts; bkcy; The legal way for a business or person to get help when they can't pay the money they owe. In bankruptcy court, they can get rid of debts by paying part of what they owe. There are special bankruptcy judges at these hearings
law, abbr. banktcy
Bankruptcy ['bæŋkrʌp(t)sɪ] n
law Bankr.