Bankruptcy

{
  "id": "MLC-T-AGR-000634",
  "term": "Bankruptcy",
  "field": "Agriculture and food",
  "definition": "A legal process in which a debtor unable to pay debts has his assets liquidated and the debtor is relieved of further liability for those debts.",
  "synonyms": [
    "Chapter 12 bankruptcy",
    "insolvency"
  ],
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "financial economics",
    "debt"
  ],
  "references": [
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "bancarrota"
  },
  "url": "https://mlchart.com/terminology/agriculture/bankruptcy/"
}