Bankruptcy  

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A legally declared inability of an individual or organisation to pay their [[creditor]]s. A legally declared inability of an individual or organisation to pay their [[creditor]]s.
==See also== ==See also==
-*''[[The Hierarchy of Bankruptcy]]''[http://www.marxists.org/reference/archive/fourier/works/ch29.htm] is a text by [[Charles Fourier]].+*''[[The Hierarchy of Bankruptcy]]'' is a text by Charles Fourier
- +
{{GFDL}} {{GFDL}}

Revision as of 09:59, 21 April 2019

  1. In a condition of bankruptcy; unable to pay one's debts.
    a bankrupt merchant
  2. Having been legally declared insolvent.
  3. Destitute of, or wholly lacking (something once possessed, or something one should possess).
    a morally bankrupt politician
    • Sheridan
      bankrupt in gratitude

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A legally declared inability of an individual or organisation to pay their creditors.

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Unless indicated otherwise, the text in this article is either based on Wikipedia article "Bankruptcy" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.

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