Bankruptcies Meaning in English
word · lemma: bankruptcy
Definition
The plural of 'bankruptcy'; legal situations where one or more people or companies are declared unable to pay their debts, usually through a court process.
Usage & Nuances
Formal/legal term used in finance and law. Most common with companies, but can apply to individuals. Often discussed in news about economic downturns, 'filing for bankruptcy' is a common phrase; 'bankruptcies' is only plural and not used for a single case.
Example Sentences
Several bankruptcies happened during the economic crisis.
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The court records show a rise in bankruptcies this year.
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Many small stores closed due to bankruptcies.
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They studied the causes of the recent wave of bankruptcies among tech companies.
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After last year's bankruptcies, investors became much more cautious.
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Some regions suffered more bankruptcies than others during the pandemic.
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