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Impoverishment vs Bankruptcy - What's the difference?

impoverishment | bankruptcy | Related terms |

Impoverishment is a related term of bankruptcy.


As nouns the difference between impoverishment and bankruptcy

is that impoverishment is the action of impoverishing someone while bankruptcy is a legally declared or recognized condition of insolvency of a person or organization.

impoverishment

English

Noun

(en-noun)
  • The action of impoverishing someone.
  • The state of being impoverished.

    • Synonyms

    * immiseration

    bankruptcy

    English

    (wikipedia bankruptcy)

    Noun

    (bankruptcies)
  • A legally declared or recognized condition of insolvency of a person or organization.

    • Derived terms

    * (noun) pre-packaged bankruptcy * (verb) to file for bankruptcy, to go bankrupt

    Related terms

    * (noun) depression, economic downturn, financial crisis, insolvency, recession * (noun) (figuratively) moral bankruptcy * (adjective) bankrupt, insolvent * (adjective) (slang) broke, bust, belly up * (adjective) (figuratively) morally bankrupt * (verb) (slang) go broke, go bust, go belly up *