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Showing posts with label Bankrupt. Show all posts
Showing posts with label Bankrupt. Show all posts

State the origin and Meaning of the word ‘Bankrupt’

It is assumed that the word ‘Bankrupt’ came from the Italian word ‘Bankruptus or Bancaruptus’ or from French word ‘Bankaroute’. Banca or Banque means ‘beanch’ and rotte, Banca rotta, route means ‘ to break’. So Bankoruptus, Bancaruptus or Bancaroute means to break the bench.