Translation of "Pankrot" into English

bankruptcy, bankruptcy are the top translations of "Pankrot" into English.

Pankrot
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Estonian-English dictionary

  • bankruptcy

    noun

    legal status of a person or other entity that cannot repay the debts it owes to creditors

    Pankrotis äriühingu tegevuse jätkamise tõttu suurenes riigivõlg.

    The continued operation of the company in bankruptcy led to mounting debt to the State.

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Translations with alternative spelling

pankrot
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Estonian-English dictionary

  • bankruptcy

    noun

    legally declared or recognized condition of insolvency [..]

    Lepinguliste kohustuste täitmata jätmine võib tähendada selliseid sündmusi nagu maksmata jätmine, ümberstruktureerimine ja pankrot.

    A default may include such events as failure to pay, restructuring and bankruptcy.

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