What's the difference between bankruptcy and recession?

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.

Recession


Definition:

  • (n.) The act of receding or withdrawing, as from a place, a claim, or a demand.
  • (n.) The act of ceding back; restoration; repeated cession; as, the recession of conquered territory to its former sovereign.

Example Sentences:

  • (1) But the wounding charge in 2010 has become Brown's creation of a structural hole in the budget, more serious than the cyclical hit which the recession made in tax receipts, at least 4% of GDP.
  • (2) S&P – the only one of the three major agencies not to have stripped the UK of its coveted AAA status – said it had been surprised at the pick-up in activity during 2013 – a year that began with fears of a triple-dip recession.
  • (3) Epidermolytic PPK is a well delineated autosomal dominant entity, but no recessive form is known.
  • (4) In junctions, 3' PSS termini are preserved by fill-in DNA synthesis, although their 5' recessed ends cannot serve as a primer.
  • (5) No changes in degree of recession were observed during the 4-year period.
  • (6) Although the reeler, an autosomal recessive mutant mouse with the abnormality of lamination in the central nervous system, died about 3 weeks of age when fed ordinary laboratory chow, this mouse could grow up normally and prolong its destined, short lifespan to 50 weeks and more when given assistance in taking paste food and water from the weaning period.
  • (7) About one out of three profoundly deaf children has an autosomal recessive form of inherited deafness.
  • (8) Frequency and localization of spontaneous and induced by high temperature (37 degrees C) recessive lethal mutations in X-chromosome of females belonging to the 1(1) ts 403 strain defective in synthesis of heat-shock proteins (HSP) were studied.
  • (9) Cable argued that the additional £30bn austerity proposed by the chancellor after 2015 went beyond the joint coalition commitment to eradicate the structural part of the UK's current budget deficit – the part of non-investment spending that will not disappear even when the economy has fully emerged from the recession of 2008-09.
  • (10) The polygenic control of diabetogenesis in NOD mice, in which a recessive gene linked to the major histocompatibility complex is but one of several controlling loci, suggests that similar polygenic interactions underlie this type of diabetes in humans.
  • (11) If a tear is found, remove all unstable meniscal fragments, leaving a rim, if possible, especially adjacent to the popliteus recess, and then proceed to open cystectomy.
  • (12) Spain's IBEX has tumbled more than 2%, despite its central bank predicting that the country's recession is over.
  • (13) In Colchester, David Sherwood of Fenn Wright reported: "High tenant demand but increasingly tenants in rent arrears as the recession bites."
  • (14) Bimedial rectus recession with measurement from the limbus was combined with conjuctival recession 85 children undergoing surgery for esotropia.
  • (15) When used in snail neurones such electrodes gave very similar pHi values to those recorded simultaneously by recessed-tip glass micro-electrodes.
  • (16) An autosomal recessive mode of inheritance of this deficiency was found.
  • (17) Deficiency of glucosamine-6-sulphatase activity leads to the lysosomal storage of the glycosaminoglycan, heparan sulphate and the monosaccharide sulphate N-acetylglucosamine 6-sulphate and the autosomal recessive genetic disorder mucopolysaccharidosis type IIID.
  • (18) All the teeth were also measured on both their buccal and lingual aspects to assess the amount of gingival recession.
  • (19) The data on sex-chromosome loss, sex-linked recessive lethals and autosomal translocations suggest lack of mutagenicity.
  • (20) Parental consanguinity suggests that an autosomal recessive mutation is the likely aetiology.