pseudobankrupt Definition
a person who is not legally bankrupt but is unable to pay their debts.
Using pseudobankrupt: Examples
Take a moment to familiarize yourself with how "pseudobankrupt" can be used in various situations through the following examples!
Example
After the stock market crash, many people became pseudobankrupt.
Example
He was a pseudobankrupt who had to sell his house to pay off his debts.
Example
The company was pseudobankrupt and had to lay off many employees.
pseudobankrupt Synonyms and Antonyms
Summary: pseudobankrupt in Brief
'Pseudobankrupt' [soo-doh-bangk-ruhpt] refers to a person who is unable to pay their debts but is not legally bankrupt. It is often used to describe individuals or companies that are in financial trouble. Examples of its usage include 'After the stock market crash, many people became pseudobankrupt.' and 'The company was pseudobankrupt and had to lay off many employees.'
