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BANKRUPT in Governmental & Military Meaning

The BANKRUPT meaning in Governmental & Military terms is "Bankruptcy". There are 1 related meanings of the BANKRUPT Governmental & Military abbreviation.

BANKRUPT on Governmental & Military 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.

Frequently Asked Questions (FAQ)

  1. What does BANKRUPT stand for Governmental & Military?

    BANKRUPT stands for Bankruptcy in Governmental & Military terms.

  2. What is the shortened form of Bankruptcy in Governmental & Military?

    The short form of "Bankruptcy" is BANKRUPT for Governmental & Military.

Citation

BANKRUPT in Governmental & Military. Acronym24.com. (2020, May 23). Retrieved March 12, 2025 from https://acronym24.com/bankrupt-meaning-in-governmental-military/

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