answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the difference between broke and bankrupt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a synonym for insolvent?

Broke, bankrupt, penniless


What is the difference between a company going bankrupt and getting bankruptcy protection?

One and the same...going bankrupt means they have legally asked for protection under the bankruptcy laws.


A word that means without money?

Being broke or bankrupt >_<


What does it mean to go bankrupt?

it means when you have no money in the bank or your broke


What is the word for being without any money?

Being broke or bankrupt >_<


How do you say broke in french?

broken casse bankrupt en faillite


What are synonyms for bankrupt?

insolvent, broke, ruined, wiped out, impoverished, in the red, destitute, gone bust


Is broke an adjective?

Not formally. The word broke is the past tense of 'to break' and broken is the past participle used as an adjective (a broken switch).Broke is used colloquially as an adjective to mean "bankrupt" and in the aphorism "If it ain't broke, don't fix it."


What is the difference between filed for chapter 11 and bankrupt declaration?

There are several different forms of BK...Chapter 7, Chapter 11 and Chanpter 13 are the main ones.


What is another word for losing money?

Going bankrupt; In the hole; Pay through the nose and money down the drain.


What are the gender issues and family perspective in insolvency law?

Gender issues in insolvency law can relate to factors such as access to resources and financial independence for women. From a family perspective, insolvency can impact family dynamics, leading to stress and strain on relationships due to financial difficulties. Insolvency law may need to consider these factors in its processes and outcomes to address the unique challenges faced by individuals and families.


Why does a bank become bankrupt?

Usually by making "bad" loans (one's that don't get paid back), or embezzlement, or the whole society goes broke.