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bankruptcy
 
Noun bankruptcy has 3 senses
  1. bankruptcy - a state of complete lack of some abstract property; "spiritual bankruptcy"; "moral bankruptcy"; "intellectual bankruptcy"
    --1 is a kind of     failure
  2. bankruptcy, failure - inability to discharge all your debts as they come due; "the company had to declare bankruptcy"; "fraudulent loans led to the failure of many banks"
    --2 is a kind of insolvency
    Derived form: verb bankrupt1
  3. bankruptcy - a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
    --3 is a kind of     proceeding, legal proceeding, proceedings
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