破産(はさん)

はさん
noun, suru-verb
bankruptcy
1. bankruptcy, insolvency
The legal state of being unable to pay one's debts; financial failure of an individual or business.
会社(かいしゃ)が破産(はさん)した。
The company went bankrupt.
破産(はさん)申請(しんせい)を行(おこな)った。
They filed for bankruptcy.
破産申請 = bankruptcy filing
投資(とうし)に失敗(しっぱい)して破産(はさん)寸前(すんぜん)だ。
I failed in my investment and am on the verge of bankruptcy.

USAGE: 破産(はさん) refers to personal bankruptcy. For corporate bankruptcy, 倒産(とうさん) is more commonly used, though 破産(はさん) can apply to both.

COMMON PATTERNS:

  • 破産(はさん)する (to go bankrupt)
  • 破産(はさん)申請(しんせい) (bankruptcy filing)
  • 破産(はさん)宣告(せんこく) (bankruptcy declaration)
  • 破産(はさん)手続(てつづ)き (bankruptcy proceedings)
  • 自己(じこ)破産(はさん) (personal bankruptcy)

CONTRAST:

  • 破産(はさん) - bankruptcy (legal term, often personal)
  • 倒産(とうさん) - bankruptcy, collapse (business)
  • 経営破綻(けいえいはたん) - business failure

LEGAL NOTE: In Japan, 自己破産(じこはさん) (personal bankruptcy) allows for debt discharge but has consequences including credit restrictions.

Related Words

Related: 倒産(とうさん) (business bankruptcy)
general
Added 2026.1.12 20:26 · Revised 2026.1.19 21:17
03500/03555_hasan