āĻ āĻ¨ā§āĻ¸āĻ¨ā§āĻ§āĻžāĻ¨ āĻāĻ°ā§āĻ¨
āĻ āĻāĻŋāĻ§āĻžāĻ¨ā§āĻ° āĻāĻžāĻˇāĻž āĻ¨āĻŋāĻ°ā§āĻŦāĻžāĻāĻ¨ āĻāĻ°ā§āĻ¨
āĻāĻĒāĻ¨āĻžāĻ° āĻāĻžāĻˇāĻž āĻ¨āĻŋāĻ°ā§āĻŦāĻžāĻāĻ¨ āĻāĻ°ā§āĻ¨
bankruptcy
/bËÃĻÅkÉšĘptsi/
Bankruptcy
01
āĻĻā§āĻāĻ˛āĻŋāĻ¯āĻŧāĻžāĻ¤ā§āĻŦ, āĻ āĻ¸āĻā§āĻāĻ˛āĻ¤āĻž
a situation in which a person or business is unable to pay due debts
āĻāĻĻāĻžāĻšāĻ°āĻŖ
She filed for bankruptcy to manage her overwhelming debt.
āĻ¤āĻŋāĻ¨āĻŋ āĻ¤āĻžāĻ° āĻ
āĻĒā§āĻ°āĻ¤āĻŋāĻ°ā§āĻ§ā§āĻ¯ āĻāĻŖ āĻĒāĻ°āĻŋāĻāĻžāĻ˛āĻ¨āĻž āĻāĻ°āĻ¤ā§ āĻĻā§āĻāĻ˛āĻŋāĻ¯āĻŧāĻž āĻāĻ¨ā§āĻ¯ āĻĻāĻžāĻ¯āĻŧā§āĻ° āĻāĻ°ā§āĻā§āĻ¨āĨ¤
02
āĻĻā§āĻāĻ˛āĻŋāĻ¯āĻŧāĻžāĻ¤ā§āĻŦ, āĻ§ā§āĻŦāĻāĻ¸
a state of complete lack of some abstract property
03
āĻĻā§āĻāĻ˛āĻŋāĻ¯āĻŧāĻžāĻ¤ā§āĻŦ, āĻ§ā§āĻŦāĻāĻ¸
a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
āĻ¨āĻŋāĻāĻāĻŦāĻ°ā§āĻ¤ā§ āĻļāĻŦā§āĻĻ
