pseudobankrupt
adjective as in strong fondness
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Example Sentences
Example:The court confirmed that the company was actually bankrupt, not just pseudobankrupt, after a thorough investigation of its financial records.
Definition:Describes a situation where a company or entity is truly and legally declared bankrupt.
From actual-bankrupt
Example:Only a documented and verified process that meets all legal financial standards can lead to a legitimate bankruptcy declaration, not a pseudobankrupt one.
Definition:True or genuine, as opposed to fictitious or fraudulent.
From legitimate
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