Bankruptcy is the legal status of a person or organization that cannot repay debts owed to creditors. It involves a formal process under bankruptcy law where obligations are reorganized or discharged. The term conveys a state of financial insolvency and the potential for court-supervised resolution.
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1:01Acquisition
How to Pronounce Acquisition
1:03Arbitration
How to Pronounce Arbitration
1:01Bankruptcy
How to Pronounce Bankruptcy
0:57Capital
How to Pronounce Capital
1:02Compliance
How to Pronounce Compliance
1:11Confidentiality
How to Pronounce Confidentiality
1:00Contract
How to Pronounce Contract
0:53Debt
How to Pronounce Debt
0:57Dividend
How to Pronounce Dividend
1:05Due-Diligence
How to Pronounce Due-Diligence
