bankruptcy

/ˈbæŋ.kɹʌp(t).si/

bankruptcy means A legally declared or recognized condition of insolvency of a person or organization.

bankruptcy is pronounced /ˈbæŋ.kɹʌp(t).si/.

Etymology

From bankrupt + -cy, replacing earlier bankruptship.

noun

A legally declared or recognized condition of insolvency of a person or organization.“The company ended up filing for bankruptcy.”
A rule in Tycoon where if the top player does not get first place that round, they instantly get last place