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Bankruptcy

bankrupt

adjective

a person or business that is bankrupt has officially admitted that they have no money and cannot pay what they owe

bankrupt

adjective

a country or state that is bankrupt owes more money than it can ever pay back

bankrupt

adjective

without any good qualities at all

bankrupt

verb

to make a person, business, or country bankrupt or very poor

bankrupt

noun

someone who has officially admitted that they have no money and cannot pay what they owe

bankruptcy

noun

a situation in which a person or business becomes bankrupt

bust

adjective

a company or organization that is bust has lost all its money and can no longer continue to operate

liquidator

noun

someone whose job is to liquidate a company so that it can pay money that it owes

official receiver

noun

in some countries someone whose job is to manage the property of a person or company that is bankrupt (=cannot pay what they owe)

receiver

noun

an official put in charge of a business that has financial problems by a court

repo man

noun

someone whose job is to take cars away from people who no longer have enough money to make regular payments. Repo is short for “repossession.”

insolvency

noun

go broke

to no longer have any money and be unable to pay what you owe. Go bankrupt is a less informal expression

emoji

a small digital image … which is used in electronic communication to express emotion or other simple concepts

BuzzWord Article

Word of the Day

flop

a complete failure

Open Dictionary

major on (doing) sth

to have or do a lot of something; to focus on a particular thing

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