bankruptcy

• État juridique et financier dans lequel une personne physique ou une organisation est incapable de rembourser ses dettes impayées, impliquant souvent une procédure légale formelle pour gérer ou effacer ces dettes.

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.

indénombrable

1. Financial insolvencyB2formallegal

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

   faillite

   • 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.

   Synonymesdefaultfailureinsolvencyliquidationreceivershipruin

   Antonymessolvency

2. Complete lack of a qualityC1formal

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

   absence totale (d'une qualité)

   • 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.

   Synonymesabsencedearthdeficiencyinsufficiencylackpaucityprivationscarcityshortagewant