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Glossary   >   L   >   "Legal bankruptcy" Definition            Legal bankruptcy A legal proceeding for liquidating or reorganizing a business. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Legal bankruptcy - A legal proceeding for liquidating or reorganizing a business.