Part of speech: noun

The state of being bankrupt; failure; insolvency.

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Usage examples "bankruptcy":

  1. Thus, with all their splendid possessions, the German heirs were always on the verge of bankruptcy. - "German Problems and Personalities", Charles Sarolea.
  2. Then the thought came to her that she would perhaps seem to have fled at the approach of bankruptcy, of poverty. - "Fromont and Risler, Complete", Alphonse Daudet Last Updated: March 3, 2009.
  3. 5. Under what conditions would the raising of wages tend to result in national bankruptcy? - "Problems in American Democracy", Thames Ross Williamson.