2. [syn: bankruptcy, failure]
3. a legal process intended to insure equality among the creditors of a corporation declared to be insolvent;
The Collaborative International Dictionary of English v.0.48:
Bankruptcy \Bank"rupt*cy\, n.; pl. Bankruptcies.
1. The state of being actually or legally bankrupt.
2. The act or process of becoming a bankrupt.
3. Complete loss; -- followed by of.
WordNet (r) 3.0 (2006):
n 1: a state of complete lack of some abstract property;
"spiritual bankruptcy"; "moral bankruptcy"; "intellectual
2: inability to discharge all your debts as they come due; "the
company had to declare bankruptcy"; "fraudulent loans led to
the failure of many banks" [syn: bankruptcy, failure]
3: a legal process intended to insure equality among the
creditors of a corporation declared to be insolvent
Moby Thesaurus II by Grady Ward, 1.0:
54 Moby Thesaurus words for "bankruptcy":
bouncing check, breakage, breakdown, bust, collapse, crack-up,
crash, crippling, damage, defeat, destruction, detriment,
dilapidation, disablement, disrepair, encroachment, failure,
futility, harm, hobbling, hurt, hurting, ill success, impairment,
incapacitation, infringement, injury, inroad, insolvency,
insufficient funds, kited check, losing game, loss, maiming,
mayhem, mischief, mutilation, no go, nonaccomplishment, nonsuccess,
overdraft, overdrawn account, receivership, ruination, ruinousness,
sabotage, scathe, sickening, spoiling, successlessness, unsuccess,
unsuccessfulness, uselessness, weakening