The story
From bankrupt + -cy, replacing earlier bankruptship.
Etymology from Wiktionary, CC BY-SA 4.0.
bankruptcy
bank·rupt·cyToday it means: A legally declared or recognized condition of insolvency of a person or organization. Full definition →
Today it means: A legally declared or recognized condition of insolvency of a person or organization. Full definition →
From bankrupt + -cy, replacing earlier bankruptship.
Etymology from Wiktionary, CC BY-SA 4.0.