Privation is a related term of bankruptcy.
As nouns the difference between privation and bankruptcy
is that privation is (philosophy) the state of being deprived of or lacking an attribute formerly or properly possessed; the loss or absence of such an attribute while bankruptcy is a legally declared or recognized condition of insolvency of a person or organization.
privation
English
Noun
(philosophy) The state of being deprived of or lacking an attribute formerly or properly possessed; the loss or absence of such an attribute.
The state of being very poor, and lacking the basic necessities of life.
The act of depriving someone of such basic necessities; deprivation.
References
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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
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