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词汇 voluntary-bankruptcy
释义 voluntary bankruptcy
noun[ C or U ]
 FINANCE, LAWukus
a situation in which a business or a person becomes unable to pay their debts, and asks to be made officially bankrupt:
The company went into a voluntary bankruptcy in August.

Examples of voluntary bankruptcy


voluntary bankruptcy
In voluntarybankruptcy cases, which account for the overwhelming majority of cases, debtors petition the bankruptcy court.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
She declared voluntarybankruptcy in 1933.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Voluntarybankruptcy was not authorized until 1849.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The vast majority of individuals who proceed to voluntarybankruptcy are consumer debtors who have taken advantage of easy credit during the past 15 years or so.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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