bankruptcy
Pronunciación: [/ˈbæŋkˌɹʌp(t).si/]
Palabra
Contexto: «financial»
(noun) when a person or company cannot pay their debts and is declared legally unable to do so. It means they have no money left to pay what they owe.
Ejemplo
The company had to declare bankruptcy after facing financial troubles.
Ejemplo
Avoiding bankruptcy is important for financial stability.
Ejemplo
What happens when a company declares bankruptcy?
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