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Bankruptcy
01
bancarrota
a situation in which a person or business is unable to pay due debts
Ejemplos
The company declared bankruptcy after years of financial losses.
La compañía declaró bancarrota después de años de pérdidas financieras.
She filed for bankruptcy to manage her overwhelming debt.
Ella se declaró en quiebra para manejar su abrumadora deuda.
02
quiebra, bancarrota
a state of complete lack of some abstract property
03
quiebra, bancarrota
a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
