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
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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
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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.
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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.
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