Bankruptcy Vocabulary

noun a word (other than a pronoun) used to identify any of a class of people, places, or things

adverb a word or phrase that modifies or qualifies an adjective, verb, or other adverb

preposition a word governing, and usually preceding, a noun or pronoun and expressing a relation to another word or element in the clause

• The court ruled in re the estate of the deceased millionaire.
• I heard they made a decision in re the company's new policy.
• Did you catch what they said in re the party next weekend?
• In re our friendship, I think we should take a break and reevaluate things.

noun a person or organization that is insolvent

adjective having insufficient assets to cover debts or liabilities; bankrupt

• The company declared itself insolvent and filed for bankruptcy.
• I heard that John's business is insolvent and he's in financial trouble.
• She's completely broke, basically insolvent.
• His spirit felt insolvent after the devastating loss.