BANKRUPTING Meaning and
Definition
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Bankrupting refers to the act or process of causing an individual, organization, or entity to become bankrupt. It is a term commonly used in the field of finance and economics to describe the state of insolvency and financial ruin a person or business experiences when they are unable to meet their financial obligations.
The term "bankrupting" can be understood as the result of financial mismanagement, excessive debt, or a lack of profitability. It occurs when the total debts of an individual or organization exceed their total assets, rendering them unable to pay off their creditors.
Bankrupting can have significant consequences, including the liquidation of assets to repay outstanding debts or the restructuring of existing debts through a formal legal process known as bankruptcy. This process typically involves the involvement of courts and judicial procedures to ensure equitable distribution of assets and liabilities among creditors.
While bankrupting is generally associated with negative connotations due to the financial distress it causes, it can also provide an opportunity for individuals or organizations to regain control of their financial affairs. In some cases, bankruptcy may allow for the discharge or reorganization of debts, offering a fresh start and the potential for future financial stability.
Overall, the term bankrupting signifies the act of pushing an entity into a state of insolvency, unable to fulfill its financial obligations and requiring legal intervention or restructuring to resolve the situation.
Top Common Misspellings for BANKRUPTING *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for BANKRUPTING
Etymology of BANKRUPTING
The word "bankrupting" is derived from the noun "bankrupt", which originated from the Italian word "banca rotta". "Banca" refers to a bench or table where moneylenders conducted their business, while "rotta" means broken. In the Italian context, it referred to a moneylender who was unable to pay their debts, resulting in their bench being broken (and their business ruined). The term eventually entered English in the late 16th century as "bankrupt", and the verb form "bankrupting" emerged from that.
Conjugate verb Bankrupting
CONDITIONAL
I
would bankrupt
we
would bankrupt
you
would bankrupt
he/she/it
would bankrupt
they
would bankrupt
FUTURE
I
will bankrupt
we
will bankrupt
you
will bankrupt
he/she/it
will bankrupt
they
will bankrupt
FUTURE PERFECT
I
will have bankrupted
we
will have bankrupted
you
will have bankrupted
he/she/it
will have bankrupted
they
will have bankrupted
PAST
I
bankrupted
we
bankrupted
you
bankrupted
he/she/it
bankrupted
they
bankrupted
PAST PERFECT
I
had bankrupted
we
had bankrupted
you
had bankrupted
he/she/it
had bankrupted
they
had bankrupted
PRESENT
I
bankrupt
we
bankrupt
you
bankrupt
he/she/it
bankrupts
they
bankrupt
PRESENT PERFECT
I
have bankrupted
we
have bankrupted
you
have bankrupted
he/she/it
has bankrupted
they
have bankrupted
I
am bankrupting
we
are bankrupting
you
are bankrupting
he/she/it
is bankrupting
they
are bankrupting
I
was bankrupting
we
were bankrupting
you
were bankrupting
he/she/it
was bankrupting
they
were bankrupting
I
will be bankrupting
we
will be bankrupting
you
will be bankrupting
he/she/it
will be bankrupting
they
will be bankrupting
I
have been bankrupting
we
have been bankrupting
you
have been bankrupting
he/she/it
has been bankrupting
they
have been bankrupting
I
had been bankrupting
we
had been bankrupting
you
had been bankrupting
he/she/it
had been bankrupting
they
had been bankrupting
I
will have been bankrupting
we
will have been bankrupting
you
will have been bankrupting
he/she/it
will have been bankrupting
they
will have been bankrupting
I
would have bankrupted
we
would have bankrupted
you
would have bankrupted
he/she/it
would have bankrupted
they
would have bankrupted
I
would be bankrupting
we
would be bankrupting
you
would be bankrupting
he/she/it
would be bankrupting
they
would be bankrupting
I
would have been bankrupting
we
would have been bankrupting
you
would have been bankrupting
he/she/it
would have been bankrupting
they
would have been bankrupting
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