declare bankruptcy
idiom
: to formally say in a legal document that one is bankrupt
Because of high medical expenses, he declared bankruptcy.
The company was forced to declare bankruptcy.
Examples of declare bankruptcy in a Sentence
Recent Examples on the Web
Walgreens recently announced closures and a host of others to close stores or declare bankruptcy this year, including Hooters, Red Lobster, Bed Bath & Beyond and Big Lots.
—
Betty Lin-Fisher, The Arizona Republic, 17 Oct. 2024
The company tried to declare bankruptcy in April, saying the 2020 defamation cases were threatening its solvency.
—Marshall Cohen, CNN, 10 Oct. 2024
Better to allow countries to declare bankruptcy and start over, just as individuals and firms can do in a domestic economy.
—Andrew Moravcsik, Foreign Affairs, 17 Oct. 2016
The costs eventually pushed her to declare bankruptcy.
—Jason Ma, Fortune Well, 18 June 2024
See all Example Sentences for declare bankruptcy 
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Betty Lin-Fisher, The Arizona Republic, 17 Oct. 2024
The company tried to declare bankruptcy in April, saying the 2020 defamation cases were threatening its solvency.
—Marshall Cohen, CNN, 10 Oct. 2024
Better to allow countries to declare bankruptcy and start over, just as individuals and firms can do in a domestic economy.
—Andrew Moravcsik, Foreign Affairs, 17 Oct. 2016
The costs eventually pushed her to declare bankruptcy.
—Jason Ma, Fortune Well, 18 June 2024
See all Example Sentences for declare bankruptcy
Dictionary Entries Near declare bankruptcy
Cite this Entry
“Declare bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/declare%20bankruptcy. Accessed 8 Nov. 2024.
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