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bankruptcy

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bankruptcy/ˈbæŋkˌrʌptsi/noun
pluralbankruptcies
bankruptcy
/ˈbæŋkˌrʌptsi/
noun
pluralbankruptcies
Learner's definition of BANKRUPTCY  
[noncount] : the condition of being bankrupt: a condition of financial failure caused by not having the money that you need to pay your debts— often used before another noun
   b [count] : an occurrence in which a person, business, etc., goes bankrupt
[noncount] : the condition of completely lacking a good or desired quality
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