What is another word for financial loss or ruin?

Pronunciation: [fa͡ɪnˈanʃə͡l lˈɒs ɔː ɹˈuːɪn] (IPA)

There are several synonyms that can be used to describe financial loss or ruin. Some commonly used terms include bankruptcy, insolvency, financial distress, financial hardship, and financial ruin. Bankruptcy refers to the legal process in which a person or business declares their inability to pay off their debts, while insolvency refers to the lack of ability to pay off debts. Financial distress and financial hardship both refer to difficult financial situations that may lead to bankruptcy or insolvency. Financial ruin is a more severe term that describes a complete loss of financial stability. It's essential to use accurate terminology when discussing financial matters to ensure clear communication.

Synonyms for Financial loss or ruin:

What are the hypernyms for Financial loss or ruin?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    financial distress, economic disaster, economic adversity, economic hardship, financial setback.

Word of the Day

Ocular Disparity
Ocular disparity refers to the difference in perspective between the eyes, which allows for depth perception. The antonym of ocular disparity would be "ocular homogeneity," which r...