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bankruptcy

n.
1.a state of complete lack of some abstract property
2.inability to discharge all your debts as they come due
3.a legal process intended to insure equality among the creditors of a corporation declared in bankruptcy

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Word of the Day

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    Idiom of the Day

    can't do anything about (someone or something)
    to be unable to manage or control someone or something
    I cannot do anything about the noise in our office.



    1.
    S1: It is regrettable that there is widespread corruption in the country at all levels.

    P: So there is 'hardly anything that the government can do about it now.
    Q: And there are graft and other malpractices too.
    R: The impression that corruption is a universal phenomenon persists and the people do not cooperate in checking this evil.
    S: Recently several offenders were brought to book, but they were not given deterrent punishment.
    S6: This is indeed a tragedy of great magnitude.

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