Synonym: failure. Similar words: abrupt, banker, bank on, disrupt, rupture, banking, interrupt, corruption. Meaning: ['bæŋkrəptsɪ] n. 1. a state of complete lack of some abstract property 2. inability to discharge all your debts as they come due 3. a legal process intended to insure equality among the creditors of a corporation declared to be insolvent.
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(91) ExUnited Way chief William Aramony gets a seven-year prison sentence for embezzlement. 26 -- Bradlees seeks bankruptcy protection.
(92) LeBlond joined the company in 1975 and brought it from the brink of bankruptcy to its present robust status.
(93) On 20 December a bankruptcy petition founded on that act of bankruptcy was presented.
(93) Sentencedict.com try its best to gather and build good sentences.
(94) Schneider faces five counts of fraudulently obtaining bank loans for building projects and one count of failing to disclose bankruptcy.
(95) This, in turn, enables the creditor to present a bankruptcy petition.
(96) Isetan would not comment on how much the bankruptcy filing might cost it, or on Barneys' threatened lawsuit.
(97) In fact, a federal bankruptcy court in 1994 refused to allow asbestos claims to go forward against Jim Walter.
(98) There is increased speculation this could be done through bankruptcy or a reorganization under bankruptcy protection.
(99) Such unplanned success can lead to business bankruptcy and, even worse[Sentencedict.com], emotional bankruptcy as well.
(100) Similarly, as Nader points out, a majority of Senate Democrats supported the administration's pro-business bankruptcy bill.
(101) One of the top bidders, Pocket Communications, filed for Chapter 11 bankruptcy reorganization earlier this year.
(102) Spooner says he had no choice but to file for bankruptcy.
(103) Faced with such a towering judgment, Simpson could declare bankruptcy.
(104) Nader regards Gore as unsafe for the liberal creed-as the embodiment of the Democratic Party's moral bankruptcy.
(105) His nonprofit corporation, Working Arts, took over responsibility for the center when the symphony board filed for bankruptcy last year.
(106) It would be misleading to imply from the experience of Mazda that all large companies have immunity from bankruptcy.
(107) For instance, despite the continued strong national economy, a record 1 million people filed for personal bankruptcy protection last year.
(108) She said the listing in the bankruptcy filing sounded like a private equity partnership, but she would not discuss the investments.
(109) He did say that he is not currently employed and that he is approaching bankruptcy.
(110) The revenue was never enough for this, and the Company began declining into bankruptcy much faster than before.
(111) The judgment not being satisfied, the bank presented a bankruptcy petition against B alone for the whole debt.
(112) Read in studio Author and historian Count Nikolai Tolstoy has applied to have a bankruptcy order against him annulled.
(113) Here, when the relevant act of bankruptcy occurred, Mr. Dennis was a beneficial joint tenant of the two properties.
(114) He had committed an act of bankruptcy and a petition had been presented.
(115) Until the bankruptcy, the members met annually and elected the symphony trustees.
(116) A bankruptcy petition based on that demand was issued on 20 September.
(117) But at least it pays no rent and in practice it is secure so long as it farms the land and avoids bankruptcy.
(118) Southern California Edison, one of the electricity companies facing bankruptcy, defaulted on debt repayments of $ 596m.
(119) Moore also used the money to buy a home for his girlfriend and save himself from bankruptcy.
(120) Consequently, Terrell said Simpson may have to take other steps, such as filing for bankruptcy.