Meaning of "bankruptcies" in English

Bankruptcies refer to the legal status of a person or entity that cannot repay the debts it owes to creditors. It’s a process carried out through court proceedings that distribute the debtor's remaining assets among creditors and, ideally, provide the debtor with a fresh start financially. Bankruptcies can arise from mismanagement, economic downturns, or unexpected financial crises, and they usually mark a significant financial and emotional turning point for those involved.

Meaning of "faillites" in French

In French, "faillites" carries a similar meaning to its English counterpart. It refers to the legal process whereby individuals or entities are declared unable to repay their debts. The procedure aims to resolve financial failures by liquidating assets to settle with creditors as much as possible, while also aiming to give the debtor an opportunity to make a new financial beginning. It represents a pivotal moment financially and can deeply impact individuals or companies involved.

Pronunciation of "bankruptcies" in English

Phonetic Transcription: /ˈbæŋk.rʌpt.siz/

Pronunciation Variations: In American English, you'll often hear the initial vowel sound pronounced as /æ/, while in British English, it may sound closer to a short /a/. The stress remains on the first syllable in both variations.

Pronunciation of "faillites" in French

Phonetic Transcription: /faj.jit/

Pronunciation Variations: The pronunciation is quite standard across different French-speaking regions, with the primary focus on the "faill" sounding like "fay" and "ites" pronounced as "yeet". There might be slight tonal variations depending on the region.

Sentence examples in English and translation to French

  1. The number of bankruptcies has risen since the economic downturn. (Le nombre de faillites a augmenté depuis le ralentissement économique.)
  2. Many companies faced bankruptcies during the pandemic. (De nombreuses entreprises ont fait face à des faillites pendant la pandémie.)
  3. He declared multiple bankruptcies in his career. (Il a déclaré plusieurs faillites dans sa carrière.)
  4. Bankruptcies can have severe financial and emotional effects. (Les faillites peuvent avoir des effets financiers et émotionnels sévères.)
  5. A rise in personal bankruptcies can indicate economic instability. (Une augmentation des faillites personnelles peut indiquer une instabilité économique.)
  6. The legal process for handling bankruptcies is complex. (Le processus juridique pour traiter les faillites est complexe.)
  7. Bankruptcies might allow people to start afresh, financially. (Les faillites peuvent permettre aux gens de recommencer financièrement à zéro.)
  8. She studied the causes of industrial bankruptcies. (Elle a étudié les causes des faillites industrielles.)
  9. Reducing bankruptcies is a goal for economic policies. (Réduire les faillites est un objectif pour les politiques économiques.)
  10. They had to close due to an increase in bankruptcies. (Ils ont dû fermer en raison d'une augmentation des faillites.)

Synonyms, antonyms, and similar words for "bankruptcies" in English

Synonyms: insolvency, liquidation, failure, collapse, ruin, bust.

Antonyms: solvency, prosperity, affluence, wealth.

Similar Words: foreclosure, receivership, administration, dissolution.

Synonyms, antonyms, and similar words for "faillites" in French

Synonyms: liquidation, insolvabilité, banqueroute, cessation de paiements, effondrement.

Antonyms: solvabilité, prospérité, richesse.

Similar Words: fermeture, redressement, dissolution, administration.

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