Bankruptcy Meaning in English
word
释义
Bankruptcy is a legal situation where a person or business cannot pay the money they owe and seeks official protection from creditors.
用法与细微差别
A formal, legal term used mostly in financial and legal contexts. Collocates with 'file for bankruptcy', 'declare bankruptcy', 'face bankruptcy'. Not interchangeable with 'insolvency' (technical difference in law); bankruptcy usually refers to the legal process, not just lacking money.
例句
The company declared bankruptcy last year.
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He went into bankruptcy after losing his job.
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Many small businesses fear bankruptcy during economic crises.
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After the restaurant went under, they had no choice but to file for bankruptcy.
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Sarah learned a lot about finances after going through bankruptcy herself.
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His risky investments eventually ended in bankruptcy.
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