bankruptcy

Bankruptcy Meaning in Bengali: দিবালিত্য (noun, /di-ba-li-tyo/), দিবালিত্যতা (noun, /di-ba-li-tyo-ta/), দিবালিত্যস্থাপন (noun, /di-ba-li-tyo-stha-pon/)

Definition of Bankruptcy

(noun, /ˈbaŋk.rʌpt.si/)

Bankruptcy refers to a legal status of an individual or organization that is unable to repay their debts to creditors. It is a financial state where the debtor’s assets are liquidated to pay off the outstanding debts. Bankruptcy provides relief to debtors by allowing them to start afresh financially, but it also has significant consequences on their creditworthiness and financial reputation.

Synonyms of Bankruptcy

(noun, /ˈbaŋk.rʌpt.si/)

  • Insolvency – দিবালিত্যতা (noun)
  • Failure – ব্যর্থতা (noun)
  • Ruin – ধ্বংস (noun)
  • Bankruptcy – দিবালিত্য (noun)
  • Debt – ঋণ (noun)

Antonyms of Bankruptcy

(noun, /ˈbaŋk.rʌpt.si/)

  • Wealth – ধন (noun)
  • Prosperity – ঐশ্বর্য (noun)
  • Success – সাফল্য (noun)
  • Abundance – প্রচুরতা (noun)
  • Solvency – সক্ষমতা (noun)

Origin of Bankruptcy

The word “bankruptcy” originated from the Italian word “banca rotta,” which means “broken bench.” In medieval Italy, moneylenders conducted their business on benches in public places. If a moneylender was unable to repay their debts, their bench would be broken as a symbol of their financial failure. Over time, the term evolved to “bankruptcy” and became widely used to describe the state of insolvency.

Nearby Words

  • Bank – (noun)
  • Banker – (noun)
  • Banking – (noun)
  • Bankable – (adjective)
  • Bankroll – (noun)

Bankruptcy in Literature Quotes

“A man is not bankrupt merely because he has no money; he is bankrupt if he has nothing else.” – Henry David Thoreau (একজন মানুষ কেবল তার কাছে টাকা না থাকলে তিনি দিবালিত্যে পড়েন না; তিনি দিবালিত্যে পড়েন যদি তার কাছে আর কিছুই না থাকে।)

“Bankruptcy is a legal proceeding in which you put your money in your pants pocket and give your coat to your creditors.” – Joey Adams (দিবালিত্য হলো একটি আইনগত প্রক্রিয়া যেখানে আপনি আপনার টাকা পাঞ্জাবি কাপড়ে রাখেন এবং আপনার কোট আপনার ঋণদাতাদের দিয়ে দেন।)

Bankruptcy Meaning in Different Languages

  • Bengali: দিবালিত্য
  • Hindi: दिवालियापन
  • Nepali: दिवालित्य
  • Urdu: دیوالیہ پن
  • Tamil: திவாலித்தம்
  • Telugu: దివాలిత్యం
  • Arabic: إفلاس
  • Chinese: 破产
  • Japanese: 倒産
  • Russian: банкротство

For more information on bankruptcy, you can visit wikipedia.org, dictionary.com, or thefreedictionary.com.