Bankruptcy
01
konkurs, bankrutt
a situation in which a person or business is unable to pay due debts
Exempel
He avoided bankruptcy by negotiating with his creditors.
Han undvek konkurs genom att förhandla med sina borgenärer.
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
