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bankruptcy
noun as in inability to pay debts
Example Sentences
Frazier noted there was a push to limit utility wildfire liability after a series of devastating fires in 2017 and 2018 that ultimately forced Pacific Gas & Electric to file for bankruptcy.
JLR's supply chain has been under huge financial pressure as a result of the stoppage, with many smaller companies in particular thought to be at risk of bankruptcy.
Speaking outside court, Ali warned that the "Green Party is continuing to play a dangerous game" and further legal action could lead to "bankruptcy this time".
In January, Joann filed for bankruptcy, citing lower sales and an inventory shortage.
The council is taking urgent action to avoid bankruptcy by next April, aiming to make savings to prevent going over budget by £35.2m this financial year.
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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
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