bankruptcy

Plural

bankruptcies

1. 1.A legally declared or recognized condition of insolvency of a person or organization.

   • The company ended up filing for bankruptcy.
   • He declared that these drastic steps would undoubtedly inconvenience a good many people, but the alternative was bankruptcy of the Ulster Transport Authority and the breakdown of public transport services.

2. 2.A rule in Tycoon where if the top player does not get first place that round, they instantly get last place

Overall

Uncommon· #3686

By learning goal

Everyday conversation

Rare

General reading & writing

Uncommon

Academic

Rare

Literature

Rare

Synonyms

• failure