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Bankruptcy

Bankruptcy

(n)
UK
ˈbæŋkrʌptsi
US
ˈbæŋkrʌptsi
Definition: The state of being bankrupt.
Meaning: Sự vỡ nợ, sự phá sản
Less Common
How to use "Bankruptcy" vocabulary in sentence (example)

Adidas nearly avoided bankruptcy in the 90's after the brand had made admittedly poor strategic decisions.

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