Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun bankruptcy

3 senses of bankruptcy

Sense 1
bankruptcy -- (a state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy")
       => failure -- (lack of success; "he felt that his entire life had been a failure"; "that year there was a crop failure")

Sense 2
bankruptcy, failure -- (inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks")
       => insolvency -- (the lack of financial resources)

Sense 3
bankruptcy -- (a legal process intended to insure equality among the creditors of a corporation declared to be insolvent)
       => proceeding, legal proceeding, proceedings -- ((law) the institution of a sequence of steps by which legal judgments are invoked)