Banqueroute (en. Bankruptcy)

/bɑ̃.kə.ʁut/

Meaning & Definition

EnglishFrench

noun

Legal state of insolvency of a debtor.

His bankruptcy was declared by the court.

Sa banqueroute a été déclarée par le tribunal.

Situation where a company can no longer meet its financial obligations.

After several years of losses, the company finally declared bankruptcy.

Après plusieurs années de perte, l'entreprise a finalement déclaré banqueroute.

From Old French 'banqueroute', composed of 'bank' and 'route', referring to the idea of a 'destroyed bank'.

to go bankrupt

To reach a state of insolvency.

faire banqueroute

to be bankrupt

To be in a state of insolvency.

être en banqueroute

to declare bankruptcy

To officially acknowledge the insolvency of a business or individual.

déclarer banqueroute

failure

State of a person or business that can no longer pay its debts.

faillite

insolvency

Inability to settle one's debts.

insolvabilité

creditor

Person or entity to whom money is owed.

créancier

To be broke

After his bad investments, he is completely broke.

Après ses mauvais investissements, il est complètement à sec.

To end up in the red

With all these expenses, he ended up in the red.

Avec toutes ces dépenses, il se retrouve dans le rouge.