What is another word for went bankrupt?

Pronunciation: [wɛnt bˈaŋkɹʌpt] (IPA)

There are several synonyms for the phrase "went bankrupt," including "declared insolvency," "filed for bankruptcy," "became insolvent," "went into receivership," and "went into liquidation." All of these terms describe a situation in which an individual or business is unable to repay their debts and must turn to a legal process to manage their finances. While the specific terms may vary depending on the country or jurisdiction, each one conveys the same basic meaning of financial failure. Knowing these synonyms can be useful for those in the business or financial industry, as well as for individuals who may encounter these terms in news or legal documents.

What are the hypernyms for Went bankrupt?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for went bankrupt?

The opposite of "went bankrupt" is "thriving" or "successful". When a business is successful, it means that they are earning enough money to cover their expenses and make a profit. This could be due to a successful marketing plan, high demand for their products or services, or effective financial planning. In contrast, when a business goes bankrupt, it means that they are unable to pay their debts and have to close their doors. This could be due to poor financial management, economic downturns, or failure to keep up with industry changes. While bankruptcy can be a devastating experience, it's important to recognize that success is always within reach with the right strategies and mindset.

What are the antonyms for Went bankrupt?

Famous quotes with Went bankrupt

  • Of all the artists on Death Row, none of them went bankrupt.
    Suge Knight
  • The work in S, M, L, XL was almost suicidal. It required so much effort that our office almost went bankrupt.
    Rem Koolhaas
  • Baldwin is sort of getting to be a bit funny. I don't know what happened, but a few years ago they suddenly went bankrupt and Gibson bought the whole outfit. Since then they haven't seemed to be doing an awfully good job of providing pianos.
    Marian McPartland
  • That was Embassy Pictures, they went bankrupt shortly after This is Spinal Tap came out.
    Harry Shearer

Related words: how to go bankrupt, what to do when you go bankrupt, what happens when you go bankrupt, how to become bankrupt, bankruptcy definition, bankruptcy meaning, what is bankruptcy, what is the definition of bankruptcy, what is bankruptcy in the us

Related questions:

  • How long will it take to go bankrupt?
  • Can you go bankrupt with no money in the bank?
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