bankruptcy
Definition
The legal status of a person or organization that is unable to repay its debts; financial insolvency.
中文 无法偿还债务的人或机构的法律状态;财务上破产
Example
"Filing for bankruptcy allowed her to restructure her overwhelming debt."
The legal status of a person or organization that is unable to repay its debts; financial insolvency.
中文 无法偿还债务的人或机构的法律状态;财务上破产
"Filing for bankruptcy allowed her to restructure her overwhelming debt."