破产 (pò chǎn) — (of a company or person) to go bankrupt; (of a plan, scheme, etc.) to fall through, to collapse
Definition
破产 is the formal/legal term 'to go bankrupt' for companies or people. For a business simply closing, 倒闭 is more colloquial. Plans/ideas 'falling through' use the same verb literally.
verb
(of a company or person) to go bankrupt(of a plan, scheme, etc.) to fall throughto collapse
Easily confused
Examples
- 破产。Nà jiā yín háng qù nián pò chǎn le.That bank went bankrupt last year.
- 。Tā yīn wèi tóu zī shī bài pò guò yí cì chǎn.He went bankrupt once because of investment failure.
- 破产。Wǒ men de jì huà chè dǐ pò chǎn le.Our plan completely fell through.
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