Bankruptcy
01
konkurs, bankrutt
a situation in which a person or business is unable to pay due debts
Exempel
The company declared bankruptcy after years of financial losses.
Företaget förklarade konkurs efter år av ekonomiska förluster.
She filed for bankruptcy to manage her overwhelming debt.
Hon ansökte om konkurs för att hantera sin överväldigande skuld.
02
konkurs, bankrutt
a state of complete lack of some abstract property
03
konkurs, bankrutt
a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
