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bankruptcy in Lithuanian

bankruptcy in Lithuanian is bankrotas — bankruptcy means the legally recognized state of being unable to pay one's debts.

bankruptcy in Lithuanian

bankrotas
noun
(finance, law) A legally declared or recognized condition of insolvency of a person or organization.

What does "bankruptcy" mean?

  1. noun The legally recognized state of being unable to pay one's debts.
    "The bakery faced bankruptcy when its biggest customer stopped paying the bills."
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bankruptcy in a sentence

  • The bakery faced bankruptcy when its biggest customer stopped paying the bills.
  • The retailer filed for bankruptcy after months of declining sales.

Similar words in Lithuanian

Common Lithuanian translations

Frequently asked questions

What is "bankruptcy" in Lithuanian?
"bankruptcy" in Lithuanian is bankrotas. bankruptcy means: The legally recognized state of being unable to pay one's debts.
How do you use "bankruptcy" in a sentence?
Example: "The bakery faced bankruptcy when its biggest customer stopped paying the bills." In Lithuanian, "bankruptcy" is bankrotas.
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Translations from WikDict, CC BY-SA · example sentences from Tatoeba, CC BY 2.0 FR.