Bankruptcy

What is it? A condition of financial insolvency in which a persons liabilities exceed assets and the person is unable to pay current debts.

Added By: Trinity

Send To Friends!

If you'd like to send the Bankruptcy definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Bankruptcy. If you need any more information on this term, please don't hesitate to contact us.