bankruptcy
/ˈbæŋkrʌptsi/noun
उच्चारण बैंक्रप्ट्सी
दिवालियापन, दिवाला
Advanced wordPYP · asked 2 times
Asked in previous papers
as synonym
- 1
[U, C]
the state of being unable to pay your debts
दिवालियापन, दिवाला
- The company filed for bankruptcy.
- The airline was pushed into bankruptcy by rising fuel costs.
- The shop was forced into bankruptcy after the new mall opened.
+ 2 more examples
- Many small firms faced bankruptcy during the lockdown.
- The owner declared bankruptcy and sold the building to pay creditors.
Synonyms insolvency ruin liquidation financial failure penury
Opposite solvency wealth prosperity affluence
- 2
[U] formal
a complete lack of a particular good quality
(गुण का) पूर्ण अभाव
- moral bankruptcy
- Critics spoke of the intellectual bankruptcy of the film's script.
- The speech showed the moral bankruptcy of the leaders.
+ 2 more examples
- Critics pointed to the creative bankruptcy of the film industry.
- The report accused the department of intellectual bankruptcy.
◇Word family
≈Synonyms and antonyms
AaSpelling
bank·rupt·cy
With -rupt- and -cy (the t is kept: not 'bankrupcy' or 'bankruptsy').
अक्सर पूछा जाता है: bank-rupt-cy, बीच में -rupt- और अंत में -cy (t बना रहता है: 'bankrupcy' या 'bankruptsy' गलत है)।
⌂Word origin and word building
From the Italian banca rotta, 'broken bench' (of a moneylender).
Italian banca rotta, 'टूटी बेंच' (साहूकार की), से।
✓In the exam
One-word substitution
A person who cannot pay debts is bankrupt or insolvent.
कर्ज़ न चुका पाने वाला bankrupt या insolvent।
General knowledge
The Insolvency and Bankruptcy Code (IBC), 2016.
General Knowledge: Insolvency and Bankruptcy Code (IBC), 2016 (दिवाला और शोधन अक्षमता संहिता) वह कानून है जो कर्ज़ न चुका पाने वाली कंपनियों और व्यक्तियों के दिवालिया होने की प्रक्रिया तय करता है।