bankruptcy

简明释义

英[ˈbæŋkrʌptsi]美[ˈbæŋkrʌptsi]

n. 道德的沦丧；破产，倒闭

复 数 b a n k r u p t c i e s

英英释义

单词用法

同义词

反义词

例句

1.The alternative is national bankruptcy.

另一种方案就是国家破产。

2.The hotel is teetering on the brink of bankruptcy.

这家旅馆正濒临破产。

3.As the auctioneer called out bids, in New York one of the oldest banks on Wall Street, Lehman Brothers, filed for bankruptcy.

随着拍卖商的叫价声，纽约华尔街最古老的银行之一雷曼兄弟宣告破产。

4.Pan Am is the second airline in two months to file for bankruptcy.

泛美航空公司是两个月内第二家申请破产的航空公司。

5.The recession and hospital bills drove them into bankruptcy.

经济萧条和医院的账单逼得他们破产了。

6.GM is not the only US car firm in bankruptcy protection right now.

通用汽车不是目前唯一一家申请破产保护的美国汽车公司。

7.A recession like that of 1973-74 could put one in ten American companies into bankruptcy.

一场像1973到1974年那样的经济衰退会使1/10的美国公司破产。

8.Bankruptcy isn't the only option.

破产并不是唯一的选择。

9.The bankruptcy process can be complicated and lengthy.

破产程序可能复杂且漫长。

10.She was relieved to learn that her debts could be discharged in bankruptcy.

她松了一口气，得知她的债务可以在破产中被免除。

11.After a series of poor investments, the company filed for bankruptcy.

经过一系列糟糕的投资，公司申请了破产。

12.Many small businesses are at risk of bankruptcy due to the economic downturn.

由于经济衰退，许多小企业面临破产的风险。

13.The bankruptcy court will review the case and make a decision.

破产法庭将审查案件并作出决定。

作文

In today's fast-paced world, the concept of bankruptcy has become increasingly relevant. Bankruptcy refers to a legal status of a person or entity that cannot repay the debts it owes to creditors. This situation can arise due to various factors, including poor financial management, unexpected medical expenses, or economic downturns. Understanding bankruptcy is crucial for individuals and businesses alike, as it can have significant implications on their financial health and future opportunities.One of the primary reasons individuals may face bankruptcy is due to overwhelming debt. In many cases, people accumulate debt through credit cards, loans, and mortgages without fully understanding the long-term consequences. When unexpected events occur, such as job loss or sudden medical emergencies, these individuals may find themselves unable to meet their financial obligations. As a result, they may consider filing for bankruptcy as a way to alleviate their financial burden.For businesses, bankruptcy can be a complex and challenging process. Companies may experience financial difficulties due to various reasons, such as increased competition, changing consumer preferences, or mismanagement. When a business is unable to pay its debts, it may seek protection under bankruptcy laws to reorganize its finances and continue operations. This process can help businesses restructure their debts and negotiate with creditors, ultimately allowing them to emerge stronger and more financially stable.There are different types of bankruptcy filings, each with its own set of rules and procedures. For individuals, Chapter 7 and Chapter 13 are the most common forms of bankruptcy. Chapter 7 allows for the liquidation of assets to pay off debts, while Chapter 13 enables individuals to create a repayment plan to pay back their creditors over time. Businesses often file for Chapter 11 bankruptcy, which allows them to reorganize their debts while continuing to operate.While bankruptcy can provide relief from financial stress, it is essential to understand its long-term consequences. A bankruptcy filing can remain on an individual's credit report for up to ten years, significantly impacting their ability to secure loans, credit cards, or even housing. For businesses, a bankruptcy filing can damage their reputation and lead to a loss of customer trust, making it challenging to regain market position.To avoid falling into the trap of bankruptcy, individuals and businesses should prioritize financial literacy and responsible money management. Creating a budget, saving for emergencies, and seeking professional financial advice can help prevent situations that lead to bankruptcy. Additionally, understanding the warning signs of financial distress can empower individuals and businesses to take proactive measures before reaching a crisis point.In conclusion, bankruptcy is a complex issue that affects many individuals and businesses. While it can provide a fresh start for those overwhelmed by debt, it is vital to approach it with caution and awareness of its potential consequences. By prioritizing financial education and responsible management, we can work towards preventing bankruptcy and ensuring a more secure financial future for ourselves and our communities.

在当今快节奏的世界中，破产的概念变得越来越相关。破产是指一个人或实体无法偿还其欠债的法律状态。这种情况可能由于多种因素而发生，包括糟糕的财务管理、意外的医疗费用或经济衰退。理解破产对个人和企业都至关重要，因为它对他们的财务健康和未来机会可能产生重大影响。个人面临破产的主要原因之一是债务过重。在许多情况下，人们通过信用卡、贷款和抵押贷款积累债务，而没有充分理解长期后果。当意外事件发生时，例如失业或突发的医疗紧急情况，这些个人可能发现自己无法满足财务义务。因此，他们可能考虑申请破产作为减轻财务负担的一种方式。对于企业而言，破产可能是一个复杂且具有挑战性的过程。公司可能因各种原因经历财务困难，例如竞争加剧、消费者偏好变化或管理不善。当一家公司无法偿还其债务时，它可能会根据破产法寻求保护，以重组其财务并继续运营。这个过程可以帮助企业重组债务并与债权人进行谈判，最终使它们能够以更强大和更稳定的财务状况重新崛起。有不同类型的破产申请，每种申请都有自己的规则和程序。对于个人来说，第7章和第13章是最常见的破产形式。第7章允许清算资产以偿还债务，而第13章使个人能够制定偿还计划，在一段时间内偿还债权人。企业通常申请第11章破产，这使它们能够在继续运营的同时重组债务。虽然破产可以减轻财务压力，但了解其长期后果至关重要。破产申请可能会在个人的信用报告上保留长达十年，这将显著影响他们获得贷款、信用卡甚至住房的能力。对于企业而言，破产申请可能会损害其声誉，并导致客户信任的丧失，使其难以恢复市场地位。为了避免陷入破产的陷阱，个人和企业应优先考虑财务素养和负责任的资金管理。制定预算、为紧急情况储蓄以及寻求专业的财务建议可以帮助防止导致破产的情况。此外，了解财务困境的警告信号可以使个人和企业在达到危机点之前采取主动措施。总之，破产是一个复杂的问题，影响着许多个人和企业。虽然它可以为那些被债务压垮的人提供新的开始，但至关重要的是以谨慎和意识来对待它及其潜在后果。通过优先考虑财务教育和负责任的管理，我们可以努力防止破产，确保我们自己和社区的更安全的财务未来。