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
Other cities faced similar difficulties but were located in states that did not allow municipalities to declare bankruptcy.
—
John Rennie Short, The Conversation, 20 Feb. 2025
If a business cannot generate a surplus on a sustained basis, then it will be forced to declare bankruptcy.
—Steve H. Hanke, National Review, 13 Feb. 2025
In a statement, Steward’s CEO, de la Torre, said the company decided to declare bankruptcy because of rising costs and the delay in finalizing the sale of its nationwide physician network to Optum, a subsidiary of United HealthGroup.
—Michelle Marchante, Miami Herald, 4 Mar. 2025
End this process, declare bankruptcy and get on with Chicago’s bright future.
—Chicago Tribune, 23 Feb. 2025
See All Example Sentences for declare bankruptcy
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John Rennie Short, The Conversation, 20 Feb. 2025
If a business cannot generate a surplus on a sustained basis, then it will be forced to declare bankruptcy.
—Steve H. Hanke, National Review, 13 Feb. 2025
In a statement, Steward’s CEO, de la Torre, said the company decided to declare bankruptcy because of rising costs and the delay in finalizing the sale of its nationwide physician network to Optum, a subsidiary of United HealthGroup.
—Michelle Marchante, Miami Herald, 4 Mar. 2025
End this process, declare bankruptcy and get on with Chicago’s bright future.
—Chicago Tribune, 23 Feb. 2025
See All Example Sentences for declare bankruptcy
Cite this Entry
“Declare bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/declare%20bankruptcy. Accessed 25 Mar. 2025.
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