English to afrikaans meaning of

bankruptcy

Bankrotskap is 'n wettige status van 'n individu of organisasie wat nie in staat is om hul skuld aan krediteure terug te betaal nie. Dit is 'n regsproses waarin die hof bepaal of 'n individu of organisasie se skuld hul bates oorskry, en indien wel, kan die hof sommige of al die skuld kwytskeld, of 'n plan verskaf vir die skuldenaar om hul skuld mettertyd terug te betaal. Die term "bankrotskap" word dikwels gebruik om die finansiële toestand van 'n individu of organisasie te beskryf wat nie in staat is om hul finansiële verpligtinge na te kom nie.

Sentence Examples

  1. Bankruptcy and foreclosures were up, welfare and unemployment lines were long.
  2. We will leave the banker contemplating the enormous magnitude of his debt before the phantom of bankruptcy, and follow the baroness, who after being momentarily crushed under the weight of the blow which had struck her, had gone to seek her usual adviser, Lucien Debray.
  3. Seriously, if Lewis Corporation ever declares bankruptcy, he could still maintain a lavish lifestyle by becoming a model or an actor.
  4. Bankruptcy and repudiation are the springboards from which much of our civilization vaults and turns its somersets, but the savage stands on the unelastic plank of famine.
  5. That deposit may be at any moment withdrawn, and if I had employed it for another purpose, I should bring on me a disgraceful bankruptcy.
  6. Morrel is utterly ruined he has lost five ships in two years, has suffered by the bankruptcy of three large houses, and his only hope now is in that very Pharaon which poor Dantès commanded, and which is expected from the Indies with a cargo of cochineal and indigo.
  7. No one would hire a Chief Financial Officer that ran a company into bankruptcy.
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