went bankrupt


went bankrupt
court decided that he is incapable of paying his debts, lost his assets

English contemporary dictionary. 2014.

Look at other dictionaries:

  • bankrupt — 01. His company went [bankrupt] because they couldn t keep up with the changing market. 02. She lost $5,000 in tuition when the private language school she was attending went [bankrupt]. 03. The company s [bankruptcy] was due to its inability to… …   Grammatical examples in English

  • bankrupt — a debtor, who has volunteered or been forced to appear before a Bankruptcy Court and has been judged insolvent, because s/he has insufficient assets to meet the demands of all creditors. Glossary of Business Terms * * * ▪ I. bankrupt bank‧rupt 1… …   Financial and business terms

  • bankrupt — I UK [ˈbæŋkrʌpt] / US [ˈbæŋkˌrʌpt] adjective * 1) a) a person or business that is bankrupt has officially admitted that they have no money and cannot pay what they owe bankrupt farmers go bankrupt: Many of the companies that they had invested in… …   English dictionary

  • bankrupt — bank|rupt1 [ˈbæŋkrʌpt] adj 1.) without enough money to pay what you owe = ↑insolvent ▪ The firm went bankrupt before the building work was completed. ▪ In 1977 he was declared bankrupt (=by a court) . ▪ Mr Trent lost his house when he was made… …   Dictionary of contemporary English

  • bankrupt — bank|rupt1 [ bæŋk,rʌpt ] adjective * 1. ) a person or business that is bankrupt has officially admitted that they have no money and cannot pay what they owe: bankrupt farmers go bankrupt: Many of the companies that they had invested in went… …   Usage of the words and phrases in modern English

  • bankrupt — I. noun Etymology: modification of Middle French & Old Italian; Middle French banqueroute bankruptcy, from Old Italian bancarotta, from banca bank + rotta broken, from Latin rupta, feminine of ruptus, past participle of rumpere to break more at… …   New Collegiate Dictionary

  • bankrupt — adj. VERBS ▪ be ▪ become, go ▪ Hundreds of companies went bankrupt during the recession. ▪ declare sb, make sb ▪ …   Collocations dictionary

  • bankrupt — / bæŋkrʌpt/ noun, adjective (a person) who has been declared by a court not to be capable of paying his or her debts and whose affairs are put into the hands of a receiver ● a bankrupt property developer ● She was adjudicated or declared bankrupt …   Dictionary of banking and finance

  • bankrupt — /ˈbæŋkrʌpt / (say bangkrupt) noun 1. Law a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court, and whose property is therefore to be administered by a trustee for the benefit of the creditors… …   Australian English dictionary

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium


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