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6 sentences with “bankruptcy”

Short, simple sentences with “bankruptcy”, suitable for school kids, with common collocations and related words.

Brief definition: bankruptcy

Bankruptcy is a legal process where a person or business cannot pay their debts. It allows them to clear or reorganize their debts under court protection. It helps protect assets and gives a fresh financial start but can affect credit and reputation.


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The end result of Spain's foreign wars in the 16th and 17th centuries was simple: bankruptcy.
In the long run, Hamilton's financial programme helped rescue the United States from near bankruptcy in the late 1780s.
The result was to push the state to the brink of total bankruptcy, with no direct economic benefit to France from the American victory.
Rather, the Act was simply an order of economic protectionism for a British tea company, the East India Company, which was on the verge of bankruptcy.
Given the speed with which empires collapsed, it is tempting to imagine that European states simply recognised the moral bankruptcy of imperialism after the Second World War and peacefully relinquished their possessions.
The main impact of the colonial wars between France and Britain in 18th century France was to push the state to the brink of bankruptcy - even as Britain financed its wars through the sale of official national bank bonds, the French state struggled to raise revenue.
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