1.
corporate bankruptcy, business failure
The state of a company or business going bankrupt and being unable to pay its debts. Specifically refers to corporate/business bankruptcy rather than personal.
不況で多くの会社が倒産した。
Many companies went bankrupt due to the recession.
倒産の危機に瀕している。
They are on the verge of bankruptcy.
彼の会社が倒産して、失業した。
His company went bankrupt, and he became unemployed.
USAGE: 倒産 specifically refers to corporate or business bankruptcy. For personal bankruptcy, use 破産.
COMMON PATTERNS:
- 倒産する (to go bankrupt - company)
- 倒産に追い込まれる (to be driven to bankruptcy)
- 倒産の危機 (risk of bankruptcy)
- 連鎖倒産 (chain/domino bankruptcies)
CONTRAST WITH 破産:
- 倒産 - corporate/business bankruptcy
- 破産 - personal bankruptcy, general insolvency
RELATED WORDS:
- 破産 (personal bankruptcy)
- 倒れる (to collapse, fall)
- 経営破綻 (management failure)
- 廃業 (closing a business)