bancarrota
“bancarrota” means “bankruptcy” in Spanish (financial state of a person or business).
bankruptcy
Also: ruin
📝 In Action
Mi empresa está en bancarrota.
A2My company is in bankruptcy.
Él se declaró en bancarrota después de perder su trabajo.
B1He declared bankruptcy after losing his job.
La mala gestión llevó al club a la bancarrota total.
B2Bad management led the club to total bankruptcy.
Translate to Spanish
✏️ Quick Practice
Quick Quiz: bancarrota
Question 1 of 3
How do you say 'The company declared bankruptcy' in Spanish?
📚 More Resources
📚 Etymology▼
From the Italian 'banca rotta,' meaning 'broken bench.' In early banking in Italy, money lenders worked on benches in public places. If a lender ran out of money and could not pay his debts, his bench was literally broken to show he was out of business.
First recorded: 16th century
Cognates (Related words)
💡 Master Spanish
Take your Spanish to the next level. Read 200+ illustrated and narrated Spanish stories tailored to your level with the Inklingo app!
Frequently Asked Questions
Is 'bancarrota' the same as being 'broke'?
Technically yes, but 'bancarrota' is more formal and usually refers to a legal or official financial status. If you just have no money for coffee, you wouldn't usually use this word.
Can I use 'bancarrota' for a person?
Yes, you can say 'Él está en bancarrota' (He is bankrupt), though it sounds quite serious and formal.
What is the difference between 'quiebra' and 'bancarrota'?
They are mostly interchangeable. 'Quiebra' is more common in technical legal documents in many countries, while 'bancarrota' is a very common general term.