(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.
Poorhouse
Definition:
(n.) A dwelling for a number of paupers maintained at public expense; an almshouse; a workhouse.
Example Sentences:
(1) A skeletal sample of 296 individuals from a 19th century American poorhouse cemetery is examined for the frequency and chronological distribution of linear enamel hypoplasias on the mandibular canines and maxillary central incisors.
(2) Drucker explains Freud's "obsession" with having lived in poverty as a manifestation of his "poorhouse neurosis."
(3) It was an irrational and deep-seated fear that an individual and his family were on the verge of being placed in the poorhouse because they lacked any funds.
(4) They were not a non-aligned country, but they were a nation that was supposedly outside of the western world – they were the poorhouse of Europe and so forth.
(5) At a recent psychoanalytic meeting I asked Freud scholar John Gedo of Chicago if he thought Freud experienced a "poorhouse neurosis.
(6) Kenedy's gesture won't put Bressan in the poorhouse.
(7) The hospitals were built for other groups in society and only the poorhouses were open to the elderly.
(8) Secondly, section 41(5) of the Representation of the People Act 1918 provided that “an inmate ... in any prison, lunatic asylum, workhouse, poorhouse, or any other similar institution” was not to be treated as resident there.
(9) New York could no longer serve as both poorhouse and cash machine for the nation.
(10) My elder sister died in the poorhouse at the age of six from tuberculosis.