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If a country is bankrupt, it must let its creditors know that it cannot repay its debts.
And while it may literally be true that a government with its own currency can't go bankrupt, it can destroy that currency if it loses fiscal credibility.
There are fears that if Greece is allowed to go bankrupt, it will be forced to leave the eurozone and re-establish its own currency, the drachma.
California is the largest textbook market, but besides being bankrupt, it tends to be so specific about what kinds of information its students should learn that few other states follow its lead.
If you're made bankrupt, it does.
Insolvent doesn't necessarily mean bankrupt: it just means broke.
The hotel went bankrupt; it was the third time.
"When men go bankrupt, it often breaks up the family.
Under the current system, this sensible program could threaten to bankrupt it.
Although this firm eventually went bankrupt, it established the soda process in the paper industry.
And if the Jura canton goes bankrupt, it will not destabilize the entire Swiss economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com