Sentence examples for bankruptcy from inspiring English sources

The word 'bankruptcy' is a correct and usable word in written English.
It is a noun that is used to describe a situation where a person or a business is unable to pay their debts. Example sentence: After years of financial problems, the company was forced to file for bankruptcy.

Dictionary

bankruptcy

noun

A legally declared or recognized condition of insolvency of a person or organization.

synonyms

Exact(60)

According to administrators and Nadir's trustee in bankruptcy, among the funds transferred without the knowledge of others at Polly Peck were cheques written to the Conservative party between 1985 and 1990.

Blockbuster's "pre-arranged" bankruptcy protection move is designed to give it time to recapitalise its US operations and to focus on its online business, which is playing catch-up with rivals.

It was led by efforts in New York, which hit the limits of a diminishing tax base and vanishing bank loans in 1975 and was pushed to the brink of municipal bankruptcy.

No doubt keen to get his finances back on track after the collapse of his property development company forced him to declare bankruptcy last week, Filan will be launched as what Walsh describes as "the male Adele".

The committee chairman, Tory MP Andrew Tyrie, said Osborne's claim that Britain had been "on the brink of bankruptcy" was "a bit over the top".

In one case last year, a German sports photographer had a bankruptcy order against him annulled after it emerged that he still lived in Germany and did not even own a camera.

Staunton believes Good People is especially worth staging in Britain now, since it exposes the bankruptcy of the American idea that everybody's free to make their life choices, an idea the coalition seems to embrace enthusiastically.

On the fifth anniversary of the day it bought the Wall Street operations of Lehman Brothers out of bankruptcy, the bank did not provide any additional information on four current and former directors – known to include the recently retired former finance director Chris Lucas – it has previously said are being investigated.

The fact that the same plot that was hatched in 1998 is being repeated reflects a certain bankruptcy and lack of creativity on [the government's] part," says Ibrahim in my exclusive interview with the 62-year-old rabble rouser.

Even though Nadir was discharged from bankruptcy in June, Hellard can still pursue assets held before that date.

The German finance minister Wolfgang Schaublehad led the opposition against him with last week's clash leaving Greece looking ever more isolated in its battle to keep bankruptcy at bay.

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