| 释义 |
bankrupt clearing
基本例句
破产清算
Where the debtor fails to pay off its due debts, it may file an application with the people's court for revival or bankrupt liquidation.债务人不能清偿到期债务，债权人可以向人民法院提出对债务人进行重整或者破产清算的申请。
If a pawnshop is declared bankrupt due to its failure to repay its debts, a liquidation group shall be formed according to law to carry out a liquidation.典当行因不能清偿到期债务，被依法宣告破产的，应当依法成立清算组，进行破产清算。 |