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Definition of Bankruptcy

Bankruptcy

  1. The state of being actually or legally bankrupt.
  2. The act or process of becoming a bankrupt.
  3. Complete loss; -- followed by of.

Bankruptcy Quotations

Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation.
Eric Hoffer

Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy.
Noam Chomsky

It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.
Ralph Waldo Emerson

An expenditure of words without income of ideas will lead to intellectual bankruptcy.
Ravi Zacharias

In 1958, my father invested everything he had in a business venture and became the largest automobile dealership in Chicago for Ford's new Edsel line. But Edsel sales plummeted and my father fell into bankruptcy. I watched him struggle; working long hours to protect us from poverty.
Radhanath Swami
More "Bankruptcy" Quotations

Bankruptcy Translations

bankruptcy in French is faillite, banqueroute
bankruptcy in German is Konkurs
bankruptcy in Italian is fallimentare, fallimento
bankruptcy in Spanish is falencia
bankruptcy in Swedish is konkurs

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