file for bankruptcy

idiom

: to officially ask to be legally recognized as bankrupt
The company filed for bankruptcy in July.

Examples of file for bankruptcy in a Sentence

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The closures come amid reports that TGI Fridays is about to file for bankruptcy. Jordan Valinsky, CNN, 28 Oct. 2024 The process could be halted though if the property owners file for bankruptcy. Axios Portland, Axios, 23 Sep. 2024 Many businesses file for bankruptcy protection to wind down some operations, shed debt and cut costs. Ramishah Maruf, CNN, 18 Sep. 2024 Most retail and food industry giants that file for bankruptcy opt for Chapter 11 of the U.S. Bankruptcy Code. Francisco Velasquez, Quartz, 11 Sep. 2024 See all Example Sentences for file for bankruptcy 

Dictionary Entries Near file for bankruptcy

Cite this Entry

“File for bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/file%20for%20bankruptcy. Accessed 22 Nov. 2024.

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