TOP

Definition of bankruptcy noun from the Oxford Advanced Learner's Dictionary

bankruptcy

noun
 
/ˈbæŋkrʌptsi/
 
/ˈbæŋkrʌptsi/
[uncountable, countable]
(plural bankruptcies)
jump to other results
  1. the state of being bankrupt synonym insolvency
    • The company filed for bankruptcy (= asked to be officially bankrupt) in 2022.
    • moral/political bankruptcy
    • There could be further bankruptcies among small farmers.
    Collocations BusinessBusinessRunning a business
    • buy/​acquire/​own/​sell a company/​firm/​franchise
    • set up/​establish/​start/​start up/​launch a business/​company
    • run/​operate a business/​company/​franchise
    • head/​run a firm/​department/​team
    • make/​secure/​win/​block a deal
    • expand/​grow/​build the business
    • boost/​increase investment/​spending/​sales/​turnover/​earnings/​exports/​trade
    • increase/​expand production/​output/​sales
    • boost/​maximize production/​productivity/​efficiency/​income/​revenue/​profit/​profitability
    • achieve/​maintain/​sustain growth/​profitability
    • cut/​reduce/​bring down/​lower/​slash costs/​prices
    • announce/​impose/​make cuts/​cutbacks
    Sales and marketing
    • break into/​enter/​capture/​dominate the market
    • gain/​grab/​take/​win/​boost/​lose market share
    • find/​build/​create a market for something
    • start/​launch an advertising/​a marketing campaign
    • develop/​launch/​promote a product/​website
    • create/​generate demand for your product
    • attract/​get/​retain/​help customers/​clients
    • drive/​generate/​boost/​increase demand/​sales
    • beat/​keep ahead of/​out-think/​outperform the competition
    • meet/​reach/​exceed/​miss sales targets
    Finance
    • draw up/​set/​present/​agree/​approve a budget
    • keep to/​balance/​cut/​reduce/​slash the budget
    • be/​come in below/​under/​over/​within budget
    • generate income/​revenue/​profit/​funds/​business
    • fund/​finance a campaign/​a venture/​an expansion/​spending/​a deficit
    • provide/​raise/​allocate capital/​funds
    • attract/​encourage investment/​investors
    • recover/​recoup costs/​losses/​an investment
    • get/​obtain/​offer somebody/​grant somebody credit/​a loan
    • apply for/​raise/​secure/​arrange/​provide finance
    Failure
    • lose business/​trade/​customers/​sales/​revenue
    • accumulate/​accrue/​incur/​run up debts
    • suffer/​sustain enormous/​heavy/​serious losses
    • face cuts/​a deficit/​redundancy/​bankruptcy
    • file for/ (North American English) enter/​avoid/​escape bankruptcy
    • (British English) go into administration/​liquidation
    • liquidate/​wind up a company
    • survive/​weather a recession/​downturn
    • propose/​seek/​block/​oppose a merger
    • launch/​make/​accept/​defeat a takeover bid
    Extra Examples
    • Small travel operators are facing bankruptcy.
    • The company has been forced to file for bankruptcy.
    • The defendant has a bankruptcy order against him.
    Topics Moneyc1
    Oxford Collocations Dictionaryadjective
    • consumer
    • personal
    • corporate
    verb + bankruptcy
    • face
    • avoid
    • cause
    bankruptcy + noun
    • filing
    • order
    • proceedings
    phrases
    • the threat of bankruptcy
    See full entry
See bankruptcy in the Oxford Advanced American DictionarySee bankruptcy in the Oxford Learner's Dictionary of Academic English
previously
adverb
 
 
From the Word list
Oxford 3000
B1
Oxford Learner's Dictionaries Word of the Day