faillite
French → English
(finance) Bankruptcy: the legal state of a merchant or company being unable to pay debts; insolvency
L'entreprise a déposé le bilan pour éviter une faillite totale.
(English) The company filed for bankruptcy to avoid a total collapse.
Sa mauvaise gestion a conduit le petit commerce à la faillite.
(English) His poor management led the small business to bankruptcy.
(general) Failure: the complete lack of success or collapse of a system or idea; breakdown
La faillite de cette théorie scientifique est maintenant évidente pour tous.
(English) The failure of this scientific theory is now obvious to everyone.
Le projet a été abandonné après la faillite des négociations diplomatiques.
(English) The project was abandoned after the failure of diplomatic negotiations.
Entry ID: fr:en:faillite · Source: refined · Type: vocabulary