How do you use the word "bankruptcy" in a sentence?

Q: How do you use the word "bankruptcy" in a sentence?

Here are real-life examples of using "bankruptcy": There's a rumor in the air that the firm is going into bankruptcy. There's another rumor in the air that the firm is going into bankruptcy.

Bankruptcy Meaning

/ˈbæŋ.kɹʌp(t).si/

Definition, CEFR level C1, pronunciation, examples, and quiz.

Definition

nounA legally declared or recognized condition of insolvency of a person or organization.

nounA rule in Tycoon where if the top player does not get first place that round, they instantly get last place

Sentence Examples

There's a rumor in the air that the firm is going into bankruptcy.

There's another rumor in the air that the firm is going into bankruptcy.

Bankruptcy is a real possibility if sales don't improve.

Synonyms & Antonyms

Synonyms:

failure

Antonyms:

None

CEFR Practice Quiz

The company's unexpected ____ shocked all its employees and investors alike.

CEFR Practice Quiz (Alternate)

The businessman filed for ____ because he could not pay his debts.

Word Origin & History

From bankrupt + -cy, replacing earlier bankruptship.

Literary Quotations & Historical Citations

"He declared that these drastic steps would undoubtedly inconvenience a good many people, but the alternative was bankruptcy of the Ulster Transport Authority and the breakdown of public transport services." — 1956 May, “Transport in Ulster”, in Railway Magazine, page 279:

"[T]he form of and redress for defamation are, for the most part, gendered. Imputations of bankruptcy, for example, which could have damaged a merchant and thus were actionable for a man, would probably have had little effect if directed toward a woman. In contrast, allegations of whoredom—which, while occasionally leveled at men, were not usually thought to injure male reputations—were overwhelmingly cited by women in the slander suits they brought." — 1994, M. Lindsey Kaplan, Katherine Eggert, ““Good queen, my lord, good queen” - Sexual Slander and the Trials of Female Authority in “The Winter's Tale””, in Renaissance Drama, volume 25, →DOI, page 89 of 89–118:

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