voluntary bankruptcy
noun [ C or U ]
FINANCE, LAW ukusa situation in which a business or a person becomes unable to pay their debts, and asks to be made officially bankrupt:
The company went into a voluntary bankruptcy in August.
单词 | voluntary bankruptcy |
释义 | voluntary bankruptcy noun [ C or U ] FINANCE, LAW ukusa situation in which a business or a person becomes unable to pay their debts, and asks to be made officially bankrupt: The company went into a voluntary bankruptcy in August. |
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