noun (plural bankruptcies)
- 1The state of being bankrupt: many companies were facing bankruptcy a series of bankruptcies and scandals [as modifier]: bankruptcy proceedingsMore example sentences
- During a recession, the increase in bankruptcies and the fall in asset prices shrink the asset bases of the banks.
- The Enterprise Bill will help to reduce the stigma associated with honest failures, including bad-luck bankruptcies.
- Most of the bankruptcies stemmed from excess debt and other problems exacerbated by the slowdown.
- 2The state of being completely lacking in a particular quality or value: the moral bankruptcy of turning away desperate peopleMore example sentences
- Her literary debut, The Grass Is Singing, exposed the moral bankruptcy of the white settler culture.
- This type of moral and epistemic bankruptcy is now entrenched in the corporation's output.
- The demons of hell are having a celebration, cheering the moral bankruptcy of our generation!