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3 definitions found

From: DICT.TW English-Chinese Dictionary 英漢字典

 bank·rupt·cy /ˈbæŋ(ˌ)krəp(t)si/

From: Webster's Revised Unabridged Dictionary (1913)

 Bank·rupt·cy n.; pl. Bankruptcies
 1. The state of being actually or legally bankrupt.
 2. The act or process of becoming a bankrupt.
 3. Complete loss; -- followed by of.

From: WordNet (r) 2.0

      n 1: a state of complete lack of some abstract property;
           "spiritual bankruptcy"; "moral bankruptcy";
           "intellectual bankruptcy"
      2: 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" [syn: failure]
      3: a legal process intended to insure equality among the
         creditors of a corporation declared in bankruptcy