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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

noun

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

bankrupt

verb

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

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

discharged bankrupt

noun

someone such as a businessman or businesswoman who has not been able to pay money that they owe, but who is officially allowed to have a business again

liquidator

noun

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

official receiver

noun

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

undischarged bankrupt

noun

someone who is bankrupt who is not yet allowed by law to stop paying back money that they owe, or to have another business

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

Open Dictionary

garbage patch

a collection of debris, mostly consisting of plastic, which moves around in the sea …

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