as in ruin
the inability to pay one's debts learned the hard way the costs of declaring bankruptcy

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Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of bankruptcy How Spirit Airlines survived bankruptcy In November 2024, Spirit filed for bankruptcy protection. Vinod Sreeharsha, Miami Herald, 18 Apr. 2025 Following its emergence from Chapter 11 bankruptcy protection in 2021, the company bet heavy on all-electric vehicles, specifically Teslas, which cost the company billions following a significant decline in their residual values. Michael Wayland,yun Li, CNBC, 18 Apr. 2025 From around 2006 to 2010, a series of major business downturns, including a bankruptcy filing and several key lawsuits, led Kinkade into a downward spiral of troubling public behavior and substance abuse. Gary Goldstein, Los Angeles Times, 18 Apr. 2025 The company was allowed to file for Chapter 7 bankruptcy, where a trustee was assigned to oversee the liquidation of some assets and prioritize debts. Thomas Tracy, New York Daily News, 11 Apr. 2025 See All Example Sentences for bankruptcy
Recent Examples of Synonyms for bankruptcy
Noun
  • Last week, Vance Simkins’s meltdown at the Top Christ Following Man event seemed to have squashed his ambition to expose the Gemstones and bring his ministry back from financial ruin.
    Scott Tobias, Vulture, 28 Apr. 2025
  • To go from almost nothing, saved from financial ruin by four Palace supporters (of whom three, including chairman Steve Parish, remain shareholders), to become FA Cup winners and qualify for European competition for the first time would rank as the club’s finest achievement.
    Sam Lee, New York Times, 26 Apr. 2025
Noun
  • These setbacks highlight the inherent risks of space operations, where even minor failures can cost hundreds of millions and set timelines back by months or years.
    Jackie Snow, Quartz, 19 Apr. 2025
  • But in reality, every success is built on a failure.
    Omaid Homayun, Forbes.com, 19 Apr. 2025
Noun
  • Those terms were not deemed strong enough by Tri-City leadership to guarantee that Tri-City would avoid insolvency, and the university stopped negotiations in July 2024.
    Paul Sisson, San Diego Union-Tribune, 24 Apr. 2025
  • Volocopter is also on the list for 2025; however, that's a bit dicey given the company filed for insolvency last December, went into administration in January, and was acquired by Diamond Aircraft just a month ago.
    New Atlas, New Atlas, 17 Apr. 2025

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Cite this Entry

“Bankruptcy.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/bankruptcy. Accessed 3 May. 2025.

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