bankruptcy lietuviškai

Paaiškinimas anglų kalba

• a legal process intended to insure equality among the creditors of a corporation declared to be insolvent
• 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"
• a state of complete lack of some abstract property "spiritual bankruptcy" "moral bankruptcy" "intellectual bankruptcy"
• The state of legal insolvency with assets taken over by judicial process so that they may be distributed among creditors.