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Chivalry Posted 15 years ago
Vocabulary

The usage of "bankrupt"

Can I say that my "family" went bankrupt?

or is it only applicable to profit organizations?
  

Top answer

Hello Chivalry chivalry Can I say that my "family" went bankrupt? or is it only applicable to profit organizations? Yes you can.

  • Hello Chivalry chivalry Can I say that my "family" went bankrupt?
  • or is it only applicable to profit organizations?
  • Yes you can.
  • From the Cambridge dictionary - Bankrupt - unable to pay what you owe, and having control of your financial matters given, by a court of law, to a person who sells your property to pay your debts.
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1 Answers
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Hello Chivalry
chivalryCan I say that my "family" went bankrupt? or is it only applicable to profit organizations?
Yes you can.

From the Cambridge dictionary - Bankrupt - unable to pay what you owe, and having control of your financial matters given, by a court of law, to a person who sells your property to pay your debts.

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