Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “bankruptcy”

See all translations

bankruptcy

noun [C/U]  /ˈbæŋ·krəp·si/ us  
the inability to pay your debts, or a particular example of this, involving the sale of your property or some other arrangement to pay as much as possible of the money you owe: [U] If sales don’t improve, we’ll have to declare bankruptcy within a year.
(Definition of bankruptcy from the Cambridge Academic Content Dictionary © Cambridge University Press)
What is the pronunciation of bankruptcy?
Add Cambridge dictionaries to your browser to your website

Definitions of “bankruptcy” in other dictionaries

Word of the Day

lamb

a young sheep, or the flesh of a young sheep eaten as meat

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

crossfit noun

March 23, 2015
high-intensity strength training Two women in strappy dresses discussed how much weight they could snatch

Read More