Search Result for "bankruptcy": 
Wordnet 3.0

NOUN (3)

1. a state of complete lack of some abstract property;
- Example: "spiritual bankruptcy"
- Example: "moral bankruptcy"
- Example: "intellectual bankruptcy"

2. inability to discharge all your debts as they come due;
- Example: "the company had to declare bankruptcy"
- Example: "fraudulent loans led to the failure of many banks"
[syn: bankruptcy, failure]

3. a legal process intended to insure equality among the creditors of a corporation declared to be insolvent; 



The Collaborative International Dictionary of English v.0.48:

Bankruptcy \Bank"rupt*cy\, n.; pl. Bankruptcies.
   1. The state of being actually or legally bankrupt.
      [1913 Webster]

   2. The act or process of becoming a bankrupt.
      [1913 Webster]

   3. Complete loss; -- followed by of.
      [1913 Webster]


WordNet (r) 3.0 (2006):

bankruptcy
    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: bankruptcy, failure]
    3: a legal process intended to insure equality among the
       creditors of a corporation declared to be insolvent