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Discover Ludwig"bank failure" is a correct and usable phrase in written English.
You can use it in any situation where you are describing a situation in which a bank's operations cease or the bank goes out of business. For example, "The government instituted a massive bailout plan after the bank failure of 2008."
Exact(57)
We're trying to prevent bank failure.
Is Congress Getting Nostalgic for Bank Failure?
It became the 100th American bank failure of the year.
These days, a bank failure is fairly unremarkable.
Could such a small state survive another catastrophic bank failure?
An improved bank failure model is applied to calculate bank failure due to riverbed erosion, and to simulate lateral migration and planform changes of alluvial channels.
It was arrested, but it looked like 1930's all over again with the bank failure.
As headlines report bank failure upon bank failure, the public is calling for increasing transparency and disclosure in the financial sector.
Similar(3)
"This was a traditional bank failure, pure and simple.
But well after the first big bank failure, in 1995, the government mustered little effective response.
ASK JAIL IN BANK FAILURE.; Carnegie Trust Company Investigators to Report to Pinchot.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com