Bangkarotehin (en. To declare bankruptcy)

/baŋkaɾotehin/

Meaning & Definition

EnglishTagalog
verb
A process where an individual or business is legally unable to pay their debts.
Our business was replaced when we declared bankruptcy.
Napalitan ang aming negosyo nang kami ay magbangkarotehin.
The arrangement of matters after declaring bankruptcy.
We need to declare bankruptcy on our debts as soon as possible.
Kailangan naming bangkarotehin ang aming mga utang sa lalong madaling panahon.

Etymology

Spanish word 'bancarrota'

Common Phrases and Expressions

to declare bankruptcy
means unable to pay debts.
magbangkarote

Related Words

bankruptcy
A state of failure to meet financial obligations.
bangkarote

Slang Meanings

Broke or financially empty.
We might go bankrupt if we can't pay our debts.
Baka bangkarotehin na kami nito kung hindi kami makabayad sa utang.
Pitiful or miserable situation.
His life seems broke; he's always in a bad mood.
Parang bangkarotehin na ang buhay niya, palaging wala sa mood.