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BANKRUPT Meaning

The BANKRUPT meaning is "Bankruptcy". The BANKRUPT abbreviation has 1 different full form.

BANKRUPT Full Forms

  1. Bankruptcy The legal process that a person or firm goes through if they are unable to pay their debts. The process seeks an orderly sharing of the losses by creditors and a chance to start fresh, usually after some delay, for the debtor. No such process exists for national governments or countries, exacerbating the problems of debt crisis and financial crisis. Government, Banking, Business & Finance, Legal, Governmental & Military, Mortgage

Frequently Asked Questions (FAQ)

  1. What does BANKRUPT stand for?

    BANKRUPT stands for Bankruptcy.

  2. What is the shortened form of Bankruptcy?

    The short form of "Bankruptcy" is BANKRUPT.

Citation

BANKRUPT. Acronym24.com. (2020, May 23). Retrieved March 12, 2025 from https://acronym24.com/bankrupt-meaning/

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