"bankrupsy" is probably misspelled. Trying bankruptcy instead Definition of bankruptcy
bankruptcy has definitions from the fields of law,finance
1
[ noun ] (finance) inability to discharge all your debts as they come due

Synonyms

failure

Examples

"the company had to declare bankruptcy" "fraudulent loans led to the failure of many banks"

2
[ noun ] a state of complete lack of some abstract property

Examples

"spiritual bankruptcy" "moral bankruptcy" "intellectual bankruptcy"

3
[ noun ] (law) a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
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