Synonyms for
Bankruptcies
Definition
Bankruptcies refers to the state of being unable to pay debts and having one's assets taken over by a court to be sold for payment to creditors.
Synonyms & similar words
Example sentences
- 1. Many businesses faced bankruptcies due to the economic downturn.
- 2. She declared multiple bankruptcies in her lifetime.
- 3. The court approved the company's request for bankruptcies.
- 4. The family's bankruptcies left them in financial ruin.
- 5. The government implemented policies to prevent bankruptcies during the crisis.
Quotes
1. 'Bankruptcies are often caused by a combination of factors such as poor management and economic downturns.' - Unknown
2. 'Bankruptcies can be a fresh start for individuals and businesses to rebuild and learn from their mistakes.' - Unknown
3. 'The fear of bankruptcies can lead businesses to make more cautious financial decisions.' - Unknown