What context can I use each word in?
Learn when and how to use these words with these examples!
bankruptcy
Example
After the economic crisis, many businesses faced bankruptcy and had to close down. [bankruptcy: noun]
Example
He filed for bankruptcy after accumulating massive debts. [bankruptcy: verb]
failure
Example
Despite his efforts, he considered his business venture a failure. [failure: noun]
Example
She failed to pass the exam despite studying hard. [failed: past tense verb]
Good things to know
Which word is more common?
Failure is a more commonly used word in everyday language, as it can be applied to various aspects of life. Bankruptcy, on the other hand, is less common and is primarily used in financial and legal contexts.
What’s the difference in the tone of formality between bankruptcy and failure?
While bankruptcy is associated with a more formal and serious tone, failure is versatile and can be used in both formal and informal contexts.