What is the correct spelling for BACKRUPTCY?

When it comes to the misspelling "backruptcy", there are a couple of suggested correct forms. "Bankruptcy" is the correct spelling, referring to a legal status of being unable to repay debts. Another common mistake is "bancruptcy", which should be corrected to "bankruptcy" as well.

Correct spellings for BACKRUPTCY

  • bankruptcy The company filed for bankruptcy after it was unable to pay its debts.