bankruptcy

IPA(Pronunciation)

countable uncountable

(finance, law) A legally declared or recognized condition of insolvency of a person or organization.

Japanese Meaning

破産：法的に宣告または認定された債務超過状態。

After months of declining sales and mounting debt, the company filed for bankruptcy to restructure its obligations.

売上の減少と債務の増加が数か月続いた後、その会社は債務の再編のために破産を申請した。

Sense（1）

(finance, law) A legally declared or recognized condition of insolvency of a person or organization.

bankruptcies

（ plural ）