French translation of bankruptcy is 
faillite

Meaning of "bankruptcy" in English

Bankruptcy is a legal process where an individual or a business is unable to repay their debts to creditors. It is a situation that allows for the reorganization or elimination of debts under the protection of a court. Filing for bankruptcy provides a legal framework for individuals or businesses to resolve insolvency issues, but it often comes with consequences such as the loss of assets or a negative impact on credit scores. Ultimately, bankruptcy aims to offer a fresh financial start for those overwhelmed by debt.

Meaning of "faillite" in French

"Faillite" refers to the legal condition in which an individual or organization is unable to meet financial obligations or pay off debts. In France, it involves a formal proceeding in a court where the debtor declares their financial inability to creditors. The process can lead to restructuring or selling off assets to satisfy debts. The primary goal of "faillite" is to aid financially struggling entities by providing pathways to manage debt while minimizing losses for creditors.

Pronunciation of "bankruptcy" in English

Phonetic Transcription: /ˈbæŋkrʌptsi/

Pronunciation Variations: The pronunciation of "bankruptcy" typically remains consistent across various English-speaking regions, with minor variations in stress or vowel quality depending on local accents.

Pronunciation of "faillite" in French

Phonetic Transcription: /fajit/

Pronunciation Variations: In French, "faillite" is generally pronounced similarly across different regions, though subtle variations may occur in regions with distinct accents or dialects.

Sentence examples in English and translation to French

1. The company declared bankruptcy last year. (L'entreprise a déclaré faillite l'année dernière.)
2. Bankruptcy can provide relief for those struggling with massive debts. (La faillite peut soulager ceux qui luttent avec des dettes massives.)
3. She is consulting a lawyer about declaring bankruptcy. (Elle consulte un avocat à propos de déclarer faillite.)
4. The rise in unemployment has led to more bankruptcies. (L'augmentation du chômage a conduit à plus de faillites.)
5. Bankruptcy filings have increased during the economic downturn. (Les dépôts de faillite ont augmenté pendant la récession économique.)
6. Declaring bankruptcy affected his credit score significantly. (Déclarer faillite a considérablement affecté son score de crédit.)
7. The court approved the company's bankruptcy plan. (Le tribunal a approuvé le plan de faillite de l'entreprise.)
8. She feared the stigma associated with bankruptcy. (Elle craignait la stigmatisation associée à la faillite.)
9. Bankruptcy laws vary from country to country. (Les lois sur la faillite varient d'un pays à l'autre.)
10. He managed to avoid bankruptcy by selling his assets. (Il a réussi à éviter la faillite en vendant ses actifs.)

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

Synonyms: insolvency, failure, liquidation, ruin, collapse, receivership, administration, financial ruin, fiscal collapse, debt relief.

Antonyms: solvency, prosperity, success, wealth, affluence, financial stability, profit, financial health, abundance, solvency.

Similar Words: receivership, liquidation, foreclosure, insolvency, dissolution, restructuring, default, arrears, debts, receivership.

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

Synonyms: banqueroute, insolvabilité, liquide, ruine, effondrement, redressement judiciaire, cessation de paiements, déconfiture, liquidateur, krach.

Antonyms: solvabilité, prospérité, succès, richesse, affluence, stabilité financière, profit, santé financière, abondance, assurance.

Similar Words: liquidation, banqueroute, défaut, rachat, déroute, insolvabilité, arrêt, arriérés, dette, compensation.

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