declare bankruptcy
idiom
: to formally say in a legal document that one is bankrupt
Because of high medical expenses, he declared bankruptcy.
The company was forced to declare bankruptcy.
Examples of declare bankruptcy in a Sentence
Recent Examples on the Web
Better to allow countries to declare bankruptcy and start over, just as individuals and firms can do in a domestic economy.
—
Andrew Moravcsik, Foreign Affairs, 17 Oct. 2016
The costs eventually pushed her to declare bankruptcy.
—Jason Ma, Fortune Well, 18 June 2024
Overall, several victims had to declare bankruptcy, U.S. Attorney Kenneth L. Parker said in the release.
—Lauren Liebhaber, Kansas City Star, 14 June 2024
Since getting listed on the NYSE, though, WeWork’s share price has fallen over 99% to just 12 cents, and it’s been forced to lay off thousands of employees, terminate many of its leases, and declare bankruptcy.
—Dylan Sloan, Fortune, 28 May 2024
See all Example Sentences for declare bankruptcy 
Andrew Moravcsik, Foreign Affairs, 17 Oct. 2016
The costs eventually pushed her to declare bankruptcy.
—Jason Ma, Fortune Well, 18 June 2024
Overall, several victims had to declare bankruptcy, U.S. Attorney Kenneth L. Parker said in the release.
—Lauren Liebhaber, Kansas City Star, 14 June 2024
Since getting listed on the NYSE, though, WeWork’s share price has fallen over 99% to just 12 cents, and it’s been forced to lay off thousands of employees, terminate many of its leases, and declare bankruptcy.
—Dylan Sloan, Fortune, 28 May 2024
See all Example Sentences for declare bankruptcy
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'declare bankruptcy.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Declare bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/declare%20bankruptcy. Accessed 27 Jul. 2024.
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