bankruptcy

/ˈbæŋkrʌptsi/
noun
  1. The legal state of being unable to pay debts.
    • Bankruptcy can give a person a fresh start financially.
    • Many families face bankruptcy due to medical bills.
    • The company filed for bankruptcy after losing its biggest client.
  2. A complete failure or lack of a particular quality.
    • The plan was a moral bankruptcy that hurt innocent people.
    • His speech revealed the intellectual bankruptcy of his ideas.
    • The project ended in bankruptcy of imagination and creativity.
What does "bankruptcy" mean? | whatsthatwordmean | whatsthatwordmean