What is another word for Bankrupting?

1821 synonyms found


[ bˈaŋkɹʌptɪŋ], [ bˈaŋkɹʌptɪŋ], [ b_ˈa_ŋ_k_ɹ_ʌ_p_t_ɪ_ŋ]

Bankrupting refers to a financial state of insolvency, where an individual or organization is unable to pay debts and liabilities. There are several synonyms for bankrupting, including impoverishing, beggaring, ruining, financially crippling, and depleting. Impoverishing refers to the state of being in poverty and lacking financial resources, while beggaring refers to the act of reducing someone to poverty or destitution. Ruining implies the complete destruction of one's financial means, while financially crippling means causing severe financial hardship. Finally, depleting refers to the gradual reduction of one's financial resources to the point of insolvency. These words can be used interchangeably with bankrupting, depending on the context.

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    Synonyms for Bankrupting:

    How to use "Bankrupting" in context?

    When one financially fails, they are said to be bankrupt. In a technical sense, bankruptcy is when a person becomes unable to meet their debts. This can happen due to a number of reasons, including financial hardship, poor Decision Making, and ill health. The most common bankruptcy in the United States is Chapter 7, which is intended to restore a person's financial health.

    For most people, bankruptcy is a difficult and potentially life-changing experience. It can involve a long and complicated process, and can have wide-ranging consequences, both personally and financially.

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