bankruptcy
noun
[ ˈbaŋkrʌptsi ]
• the state of being bankrupt.
• "many companies were facing bankruptcy"
Similar:
insolvency,
liquidation,
failure,
(financial) ruin,
ruination,
debt,
indebtedness,
penury,
beggary,
administration,
receivership,
pauperdom,
• the state of being completely lacking in a particular good quality.
• "the intellectual bankruptcy of the corporate media"
