Lexica → Word → bankruptcy
Letter | B |
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Letter name | bee |
Pronounciation | /biː/ |
Word: | bankruptcy |
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Pronounciation: | |
Century: | 13th |
DA Name: | bankruptcy |
Era: | C.E. |
Origin: | Original |
Type: | Official |
Source Language: | English |
Source Language Words: | From 13th Century English created from Latin bancus (bench,table) and ruptus (break,tear, burst). |
Source Text: | Century English |
Definition: | Insolvent - unable to pay creditors and having all goods/effects administered by a liquidator or trustee and sold for the benefit of those creditors; |