Commentary: The state of a complete lack of something, usually some abstract property. Often has an adjective attached. Refers to anything but money.
America is in a state of moral and spiritual bankruptcy, according to some religious leaders.
This campus is plagued with intellectual bankruptcy and academic dishonesty!
WordNet 2.0 Sense Numbers: 1
Commentary: The state of being unable to pay debts as they come due. Often something that is declared. Refers only to money.
The bank was forced to declare bankruptcy in 2001.
Fraudulent loans led to the bankruptcy of many fine, upstanding corporations.
John's incompetence soon drove Intelli-Soft into bankruptcy.
Donald Trump is a rich person despite a number of bankruptcies.
WordNet 2.0 Sense Numbers: 2
Commentary: BANKRUPTCY[+event] A legal process intended to ensure equality among the creditors of a bankrupt corporation. Not a state that something can be in.
One major purpose of bankruptcy is to ensure the orderly and reasonable management of debt.
Bankruptcy proceedings for Microsoft will begin in October.
The bankruptcy code details all the procedures that can resolve debt.
The laws of bankruptcy are frequently abused and need to be changed.
Some debts cannot be discharged in a Chapter 7 bankruptcy.
WordNet 2.0 Sense Numbers: 3
Commentary: Automatically generated NOTA sense (bbn)