Bankruptcy
bankrupt adjective
a person or business
that is bankrupt has officially admitted that they have no money and cannot pay
what they owe.
bankrupt adjective
a country or state that
is bankrupt owes more money than it can ever pay back.
bankrupt adjective
formal without any good qualities at all.
bankrupt noun
someone who has
officially admitted that they have no money and cannot pay what they owe.
bankrupt verb
to make a person,
business, or country bankrupt or very poor.
bankruptcy noun
a situation in which a
person or business becomes bankrupt.
bust adjective
informal a company or organization that is bust has
lost all its money and can no longer continue to operate.
discharged bankrupt noun
business British someone such as a businessman or businesswoman who has
not been able to pay money that they owe, but who is officially allowed to have
a business again.
liquidator noun
business someone whose job is to liquidate a company so that it can pay
money that it owes.
official receiver noun
someone whose job is to
manage the property of a person or company that is bankrupt cannot pay what they owe.
receiver noun
business an official put in charge of a business
that has financial problems by a court.
undischarged bankrupt noun
someone who is bankrupt who is not yet allowed by law
to stop paying back money that they owe, or to have another business.
insolvency noun
go broke
informal to no longer have any money and be unable
to pay what you owe. Go bankrupt is a less informal expression.
total words = 14
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