1 definition found From The Collaborative International Dictionary of English v.0.48 [gcide]: Bankruptcy \Bank"rupt*cy\, n.; pl. {Bankruptcies}. 1. The state of being actually or legally bankrupt. [1913 Webster] 2. The act or process of becoming a bankrupt. [1913 Webster] 3. Complete loss; -- followed by of. [1913 Webster]
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