Home > Terms > Filipino (TL) > bangkarota; buwal; bagsak; bahete; lubog; hapay
bangkarota; buwal; bagsak; bahete; lubog; hapay
Wherby an individual or organization is insolvent, i.e. not able to meet the dues on their loans, leading to their assets being liquidated and distributed to creditors.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Legal services
- Category: Bankruptcy
- Company:
- Product:
- Acronym-Abbreviation:
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