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Bankruptcy
01
Bankrott
a situation in which a person or business is unable to pay due debts
Beispiele
He avoided bankruptcy by negotiating with his creditors.
Er vermied den Bankrott, indem er mit seinen Gläubigern verhandelte.
02
Bankrott, Zusammenbruch
a state of complete lack of some abstract property
03
Bankrott, Konkurs
a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
