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bankruptcy
noun as in inability to pay debts
Example Sentences
Court records show that she filed for Chapter 7 bankruptcy protection in 2017 and has multiple debt collections cases pending against her.
Federal court records show that Buzzard filed for Chapter 7 bankruptcy in 2017 and has had at least five collections cases for unpaid debts filed against her in Santa Barbara County Superior Court.
Puech, among other endeavors, helped to launch a couture business that eventually declared bankruptcy and dabbled as a water-skiing instructor, but in recent decades he lived almost entirely off the dividends from his Hermès shares.
But beyond watching for more corporate bankruptcies, a macroeconomic indicator to watch is the Baa-over-Treasuries credit spread.
The bankruptcies of car parts supplier First Brands and subprime car lender Tricolor acted as a trigger for nervous chatter in September.
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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
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