Need another word that means the same as “bankruptcy”? Find 7 synonyms and 30 related words for “bankruptcy” in this overview.
The synonyms of “Bankruptcy” are: failure, insolvency, liquidation, ruin, ruination, debt, indebtedness
According to the Oxford Dictionary of English, “bankruptcy” as a noun can have the following definitions:
debt | Money or goods or services owed by one person to another. A way to reduce Third World debt. |
failure | A sudden cessation of power. Fraudulent loans led to the failure of many banks. |
indebtedness | The feeling of owing gratitude for a service or favour. The industry is taking steps to reduce indebtedness and cut costs. |
insolvency | The lack of financial resources. The club was facing insolvency. |
liquidation | The murder of a competitor. The company went into liquidation. |
ruin | A ruined building. The ruin and heartbreak wrought by alcohol divorce and violence. |
ruination | An irrecoverable state of devastation and destruction. The headquarters fell into ruination. |
account | Prepare or present a record an account of money given or received. In order that he may be able to account accurately the trustee should not mingle the trust property with other property. |
accounting | The occupation of maintaining and auditing records and preparing financial reports for a business. He was unable to give a clear accounting for his actions. |
amortize | Transfer (land) to a corporation in mortmain. Eighty per cent of the proceeds has been used to amortize the public debt. |
assignee | A person appointed to act for another. |
bankrupt | Reduce a person or organization to bankruptcy. His father went bankrupt and the family had to sell their home. |
beholden | Owing thanks or having a duty to someone in return for help or a service. I don t like to be beholden to anybody. |
bookkeeping | The activity or occupation of keeping records of the financial affairs of a business. I got in a financial muddle because I didn t keep my bookkeeping up to date. |
borrow | Take and use (a book) from a library for a fixed period of time. Lower interest rates will make it cheaper for individuals to borrow. |
cash | Exchange for cash. South cashed the ace king and queen of clubs. |
catastrophic | Extremely harmful; bringing physical or financial ruin. A catastrophic earthquake. |
creditor | A person or company to whom money is owing. Creditor banks. |
debt | A feeling of gratitude for a service or favour. A way to reduce Third World debt. |
debtor | A person who owes a creditor; someone who has the obligation of paying a debt. Generally debtors must negotiate with each creditor separately. |
disastrous | Having extremely unfortunate or dire consequences; bringing ruin. The battle was a disastrous end to a disastrous campaign. |
elimination | The murder of a competitor. The treatment promotes the elimination of toxins. |
failure | An unexpected omission. Fraudulent loans led to the failure of many banks. |
fiduciary | Relating to or of the nature of a legal trust (i.e. the holding of something in trust for another. In a fiduciary capacity. |
finance | The management of money and credit and banking and investments. Can we finance the addition to our home. |
fund | Place or store up in a fund for accumulation. The government funds basic research in many areas. |
inoperative | Not working or taking effect. An inoperative law. |
insolvency | The state of being insolvent. The club was facing insolvency. |
insolvent | An insolvent person. The company became insolvent. |
installment | The act of installing something (as equipment. |
liquidation | Termination of a business operation by using its assets to discharge its liabilities. The company went into liquidation. |
owe | Owe something especially money to. She owes me 200. |
recession | The act of ceding back. The country is in the depths of a recession. |
repay | Make repayment for or return something. These sites would repay more detailed investigation. |
ruinous | Extremely harmful; bringing physical or financial ruin. A ruinous course of action. |
stockholder | A holder of supplies for manufacturers. |
trustee | A person (or institution) to whom legal title to property is entrusted to use for another’s benefit. Pension fund trustees. |
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