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twice-bankrupt

 

Definitions from the Web

Twice-Bankrupt

Description:

Twice-bankrupt is a term used to describe an individual or business entity that has declared bankruptcy on two separate occasions. It indicates a significant financial struggle and inability to manage debts effectively.

Sample Sentences:

  • John's business became twice-bankrupt due to poor financial planning.
  • After losing his job, Mark faced personal debts and became twice-bankrupt.
  • The company's twice-bankrupt status made it difficult for them to secure any further loans.
  • Twice-bankrupt individuals often struggle to rebuild their credit scores.

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