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bankruptcythe state of being unable to pay debts; complete failure or ruin

Part of speech: NOUN

Definition: the state of being unable to pay debts; complete failure or ruin

Pronunciation (IPA): /ˈbæŋkrʌptsi/

Korean meaning: 파산, 도산; 완전한 실패나 몰락

Korean pronunciation: 뱅크-럽-시 (강세: 뱅크)

Example Sentences

  • After buying 500 lottery tickets, John was facing personal bankruptcy but still believed he'd win big tomorrow.
  • The restaurant's bankruptcy was inevitable after they started serving ice cream soup as their signature dish.
  • Many small businesses faced bankruptcy during the economic crisis.

bankruptcy

NOUN

//ˈbæŋkrʌptsi//

the state of being unable to pay debts; complete failure or ruin

bankruptcy concept
💡 Concept

Lost everything due to bankruptcy

bankruptcy mnemonic english
🧠 Mnemonic

See the BANKRUPT — bankruptcy is plain to see. (BANK + RUPT + CY(SEE) → The BANK has RUPTured — and everyone can SEE it)

bankruptcy rhyme
🎵 Rhyme

Bankruptcy hits abrupt — no warning, no way to interrupt.

🎤Pronunciation

🇺🇸 US/ˈbæŋkrʌptsi/
🇬🇧 UK/ˈbæŋkrʌptsi/

🌳Etymology

Rootbankrupt
Suffix--cy

Origin

중세 이탈리아의 상인들이 돈을 잃으면 시장에서 그들의 테이블(bench)을 부러뜨렸다(rupt)는 관습에서 유래

🎵Rhyme

hypocrisydemocracyaristocracy
hypocrisy
democracy
aristocracy

🔗Collocations

file for bankruptcy
declare bankruptcy
bankruptcy court
bankruptcy protection
personal bankruptcy
moral bankruptcy

📝Examples

😄 Fun example

After buying 500 lottery tickets, John was facing personal bankruptcy but still believed he'd win big tomorrow.

😄 Fun example

The restaurant's bankruptcy was inevitable after they started serving ice cream soup as their signature dish.

Many small businesses faced bankruptcy during the economic crisis.

The company emerged from bankruptcy stronger than before.

📚Related Words

Synonyms

insolvencyfinancial ruinfailurecollapseliquidation

Antonyms

prosperitysolvencysuccess

Related

debtcreditorassetsliabilitiesforeclosure

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