English edit

 
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Etymology edit

From bankrupt +‎ -cy, replacing earlier bankruptship.

Pronunciation edit

  • IPA(key): /ˈbæŋk.ɹʌp(t).si/
  • (file)

Noun edit

bankruptcy (countable and uncountable, plural bankruptcies)

  1. (finance, law) A legally declared or recognized condition of insolvency of a person or organization.

Derived terms edit

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See also edit