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Incapacity vs Bankruptcy - What's the difference?

incapacity | bankruptcy |

As nouns the difference between incapacity and bankruptcy

is that incapacity is the lack of a capacity; an inability while bankruptcy is a legally declared or recognized condition of insolvency of a person or organization.

incapacity

English

Noun

(incapacities)
  • The lack of a capacity; an inability
  • * 1605: Francis Bacon, The Advancement of Learning
  • So that it is not the insufficiency or incapacity of man's mind, but it is the remote standing or placing thereof that breedeth these mazes and incomprehensions;

    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