Faillite

Part of Speech

noun

Difficulty Level

Translations

🇩🇪 Insolvenz , 🇪🇸 quiebra , 🇮🇹 fallimento , 🇵🇹 falência , 🇨🇳 破产 , 🇯🇵 倒産 , 🇰🇷 파산 , 🇸🇦 إفلاس , 🇮🇳 बैंक kránt

Usage Examples

Etymology

**Faillite** (noun) comes from Old French *faillite*, itself derived from the Late Latin *fallītia* “deceit, fraud,” which is built on *fallere* “to deceive, to fail.” The term entered French in the 15th c. with a general sense of failure or ruin and was later specialized in the 16th c. to denote financial insolvency (bankruptcy). It is cognate with English *failure* and Italian *fallimento*, all tracing back to the same Latin root.

Synonyms

insolvabilité liquidation judiciaire défaillance faillissement bancarroterie situation de non-paiement

Antonyms

succès réussite prospérité stabilité solvabilité