What's the difference between bankruptcy and bust?

Bankruptcy


Definition:

  • (n.) The state of being actually or legally bankrupt.
  • (n.) The act or process of becoming a bankrupt.
  • (n.) Complete loss; -- followed by of.

Example Sentences:

  • (1) Ukraine has said it needs $35 billion over the next two years to stave off bankruptcy.
  • (2) Banking group HBOS was not driven to point of bankruptcy by the global financial meltdown, but by its own strategy of high-risk lending, over-ambitious growth targets and poor controls, according to a hard-hitting report by the parliamentary commission on banking standards.
  • (3) To be sure, it may not be possible to establish a full international bankruptcy code; but a consensus could be reached on many issues.
  • (4) He is totally comfortable around Wall Street and bankers.” Trump’s effort to characterize himself as without obligation to the financial sector despite his long record of loans and debt restructuring during episodic turbulence in his business career, including the bankruptcy of Trump Hotels & Casino Resorts in 2004, is likely to raise eyebrows.
  • (5) We know that in England there are trusts that are on the verge of bankruptcy and 4,500 nurses have been made redundant .
  • (6) But even if Greece is snatched from the brink of bankruptcy and kept in the euro in the coming days, the cause of promoting solidarity between eurozone nations has been long forgotten.
  • (7) In conclusion, there is a reasonable chance that retirement plan assets in Delaware qualified plans are insulated from judgment creditors, but the best course is to maintain adequate insurance protection and follow an aggressive prejudgment strategy in serious cases so you don't have to resolve the issue in a bankruptcy proceeding.
  • (8) The crime problems were enormous, riots tore apart many American cities – and the downside of fiscal decentralisation was that, in the 70s, you had cities like New York on the edge of bankruptcy .
  • (9) Using standard ratio tests, most clubs border on bankruptcy.
  • (10) Picard has filed a complaint in the US bankruptcy court against Cohmad Securities Corporation and a number of its principals, seeking to recover well over $100m allegedly paid to Cohmad in exchange for introducing clients to Madoff's firm.
  • (11) But sometimes a smile is not enough.” As the latest proposed deal to avoid Greece’s bankruptcy threatens to unravel , a row is raging on Rhodes and several other Greek islands over fears that they are being unfairly targeted.
  • (12) For Mokoena, qualification for the second round would cap an extraordinary season that has encompassed bankruptcy and relegation at Fratton Park, a losing FA Cup final and now captaining his country at the first African World Cup.
  • (13) It is high time that we applied the same principles to countries and introduced a sovereign bankruptcy law.
  • (14) The bank filed for Chapter 11 bankruptcy, which provides protection from creditors while it liquidates its business.
  • (15) If other unions follow suit in protest at Miliband's reforms, the party could face bankruptcy.
  • (16) Instead, they enact bankruptcy laws to provide the ground rules for creditor-debtor bargaining, thereby promoting efficiency and fairness.
  • (17) The International Monetary Fund has signed off on a $17.5bn (£11.8bn) four-year aid programme for Ukraine , the second attempt in less than a year to help the country avoid bankruptcy.
  • (18) People who never dreamed that one day they would not be able to pay their electricity bill, or feed their children properly.” As it has scrabbled for every last cent to satisfy its creditors and ward off bankruptcy, Greece’s government has taken cash wherever it could – local authorities, healthcare, pensions, social services have all been tapped.
  • (19) Days before it collapsed into bankruptcy protection a month ago Lehman Brothers revealed $6.12bn of staff pay plans in its corporate filings.
  • (20) Bankruptcy could potentially leave thousands of residents – many of them elderly and vulnerable – with nowhere to live, or forced into a disruptive move to alternative accommodation.

Bust


Definition:

  • (n.) A piece of sculpture representing the upper part of the human figure, including the head, shoulders, and breast.
  • (n.) The portion of the human figure included between the head and waist, whether in statuary or in the person; the chest or thorax; the upper part of the trunk of the body.

Example Sentences:

  • (1) He wound up repossessing the cars of workers who fled town after the bust.
  • (2) Sometimes it can seem as if the history of the City is the history of its crises and disasters, from the banking crisis of 1825 (which saw undercapitalised banks collapse – perhaps the closest historic parallel to the contemporary credit crunch), through the Spanish panic of 1835, the railway bust of 1837, the crash of Overend Gurney, the Kaffir boom, the Westralian boom, the Marconi scandal, and so on and on – a theme with endless variations.
  • (3) According to unconfirmed reports, he made up to £3m a year through the years of boom and bust and he now owns a £4m home in Fulham and another worth £2m in Chelsea.
  • (4) Mary Creagh, the shadow transport secretary, said: "Over the last three years David Cameron has failed to stand up for working people, allowing train companies to hit passengers with inflation-busting fare rises of up to 9%.
  • (5) The five major commercial banks saw around €2bn of deposits withdrawn by customers anxious that Greece was nearing the end of its credit line with lenders and about to go bust.
  • (6) Listen to Stoopid Symbol Of Woman Hate or Can't Stand Up For 40-Inch Busts (both songs were inspired by a hatred of sexist advertising) and you can hear Amon Duul and Hawkwind scaring the living shit out of Devo and Clock DVA.
  • (7) The bust-up could also weaken Sweden’s chances of re-election to the UN security council next year, which the government has made a strategic foreign policy goal .
  • (8) Photograph: Reuters “Williston was the refugee camp for the guys who went bust in 2008.
  • (9) At present, this test is too expensive to offer to the public although BP is touring the country to pass on green driving tips and bust some myths.
  • (10) According to some members of Aberdeen ’s energy sector, a group with a code of silence that would trump any Trappist throng, the North Sea is a busted flush, a dead zone of drilled-out fields with a long-term future to match.
  • (11) We will also generally pay 100% compensation to those who have retired on legitimate ill-health grounds, regardless of age, and those receiving a pension in relation to someone who had died at the time that the employer went bust,” says the PPF.
  • (12) As a company, the euro would have gone bust by now.
  • (13) A safety net to catch those fallen on hard times, come rain or shine, boom or bust, it would be there for all those who had paid in.
  • (14) Ministers can't expect firms to bust a gut to grow if they fail to take a long-term approach to creating an enterprise-friendly environment.
  • (15) The boardroom is surrounded by glass, which meant the bust-up was viewed by about 100 staff.
  • (16) In an interim review published last month, Myners has said the group must take urgent steps to reform a "massive failure" of governance or it will go bust.
  • (17) "The economy has been subjected to repeated 'boom and bust' cycles, above all in property.
  • (18) Facebook Twitter Pinterest SpaceX Falcon 9 rocket successfully lands on ocean platform The busts Those accomplishments have not come without repeated failures, the most spectacular of which occurred during attempts to land their Falcon 9 rockets, named after Star Wars’ Millennium Falcon .
  • (19) Her attacks on the president are scathing and she sees him as a busted flush, placing herself at the heart of drives to rebuild the French right after Sarkozy "implodes" at the election.
  • (20) The government promised Kids Company £20m worth of funding last summer, 12 months before the charity went bust, its founder Camila Batmanghelidjh has alleged.

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