bankruptcy

• Estado jurídico y financiero en el que una persona física o entidad no puede hacer frente a sus deudas pendientes, que a menudo implica un procedimiento legal formal para gestionar o cancelar dichas deudas.

A legal and financial state in which an individual or organization is unable to repay their outstanding debts, often involving a formal legal process to manage or discharge those debts.

incontable

1. Financial insolvencyB2formallegal

   A legal status of a person or organization that cannot repay the debts they owe to creditors.

   Quiebra (insolvencia financiera)

   • The company filed for bankruptcy after years of financial losses.
   • Personal bankruptcy can have long-term effects on your credit score.
   • Many small businesses faced bankruptcy during the economic crisis.

   Sinónimosdefaultfailureinsolvencyliquidationreceivershipruin

   Antónimossolvency

2. Complete lack of a qualityC1formal

   A total absence or failure of a particular desirable quality or attribute.

   quiebra moral o intelectual

   • The plan was a bankruptcy of original ideas.
   • His argument showed a moral bankruptcy that shocked everyone.
   • The project suffered from a bankruptcy of creativity and innovation.

   Sinónimosabsencedearthdeficiencyinsufficiencylackpaucityprivationscarcityshortagewant