bankruptness (C1)
noun
Pronunciation: ˈbæŋkrʌptnəs
Definition
The state of being legally declared unable to pay one's debts.
Examples
The sudden bankruptness of the airline caused chaos for travelers.
He faced bankruptness after a series of failed investments.
How to Use bankruptness
- declare bankruptness (collocation)
- To officially state that someone or something is unable to pay its debts. — "The judge will declare the company's bankruptness tomorrow."
- face bankruptness (collocation)
- To be in a situation where one is likely to become bankrupt. — "Many individuals are facing bankruptness in this harsh economic climate."
- economic bankruptness (collocation)
- A state of widespread financial failure within an economy. — "The nation's prolonged economic bankruptness led to social unrest."
Synonyms of bankruptness
Words with a similar meaning to bankruptness:
Antonyms of bankruptness
Words with the opposite meaning to bankruptness:
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