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What is the noun for bankruptcy?

What's the noun for bankruptcy? Here's the word you're looking for.

bankrupt
  1. One who becomes unable to pay his or her debts; an insolvent person.
  2. (Britain, law, obsolete) A trader who secretes himself, or does certain other acts tending to defraud his creditors.
  3. Synonyms:
  4. Examples:
    1. “Yes, the wealthy Kraft, dragged down by others, was now a bankrupt!”
bankruptcy
  1. A legally declared or recognized condition of insolvency of a person or organization.
  2. Synonyms:
  3. Examples:
    1. “After the devastating economic downturn, the company had no choice but to declare bankruptcy.”
      “Her reckless spending habits led to her ultimate bankruptcy, leaving her with nothing but debt and financial struggles.”
      “The abundant supply of credit is not matched by an abundance of personal responsibility in current bankruptcy law.”
bankrupter
  1. One who causes a bankruptcy.
bankruptee
  1. One who has been bankrupted.
bankrupters
  1. plural of bankrupter
bankruptees
  1. plural of bankruptee
bankruptcies
  1. plural of bankruptcy
  2. Synonyms:
  3. Examples:
    1. “During the wave of corporate crimes and bankruptcies occurring in 2001, 2002 he spoke nightly of these things.”
      “Personal bankruptcies are booming precisely because it's so easy to get in debt.”
      “Many more bankruptcies and restructurings are on the horizon, predict experts.”
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