🇮🇹Italian Source WordCode: IT

fallimento

Pronunciation / Transliteration: /fal.liˈmɛn.to/

🇬🇧 Direct English Meaning:
Bankruptcy/ˈbæŋkrəptsi/
nounCEFR C1 (Advanced)Top #4500 frequency
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🇮🇹 Example Sentence in Italian:

"La crisi economica ha causato il fallimento di molte piccole imprese."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A legal proceeding involving a person or business that is unable to repay their outstanding debts.

    "The retail chain was forced to file for bankruptcy after suffering years of declining sales."
  2. 2

    Complete exhaustion or ruin of a particular quality or value.

    "Critics pointed to the moral bankruptcy of the political administration."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the Italian 'banca rotta', meaning 'broken bench', referring to the custom of breaking the money-changer's bench in medieval Italy when he was unable to pay his debts. It entered the English language in the late 16th century via French and Latin roots.

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