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Definitions from the Web

Bankcrapsy

Description

Bankcrapsy refers to a financial state or condition where a bank or financial institution faces significant losses or is on the verge of bankruptcy.

Senses and Usages

1. Noun

   1. A situation where a bank suffers extreme financial losses and is unable to meet its financial obligations.

   Example: The economic downturn led to the bank's bankcrapsy, causing panic among its stakeholders.

   Related products: Bank Crisis, Bailout

2. Adjective

   1. Pertaining to a bank or financial institution that is in a state of financial ruin.

   Example: The bank's customers were concerned about the stability of their deposits due to its bankcrapsy status.

3. Verb

   1. To declare a bank or financial institution as bankrupt.

   Example: The government had no choice but to bankcrapsy the failed bank to protect its customers' interests.