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Synonyms for

Bankruptcy

Noun / ˈbæŋkrʌpsi: / / ˈbæŋkrʌptsi: / Another word for bankruptcy — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Bankruptcy is a legal process by which a person or company declares that they cannot pay their debts and their assets are distributed to creditors.

Synonyms & similar words

failure

Synonyms by register

Formal

insolvency liquidation receivership administration

Informal

going broke going bust going under out of business

Literary

financial ruin economic collapse

Antonyms

solvency prosperity success wealth affluence profitability

Common collocations

  • declare bankruptcy
  • file for bankruptcy
  • personal bankruptcy
  • corporate bankruptcy
  • Chapter 7 bankruptcy
  • Chapter 11 bankruptcy
  • avoid bankruptcy
  • prevent bankruptcy

Word family

noun bankruptcy
verb bankrupt
adjective bankrupt

Usage note

Bankruptcy refers to a legal status of a person or entity that cannot repay debts. It is often used formally in legal and financial contexts, but also informally to describe severe financial failure.

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