RhymeZone: bankruptcy definitions

Definitions of bankruptcy:

noun: a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
noun: inability to discharge all your debts as they come due
Example: "The company had to declare bankruptcy"
noun: a state of complete lack of some abstract property
Example: "Spiritual bankruptcy"

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See bankruptcy used in context: 5 rhymes, several books and articles.