Definition

1. Verb:
   • To go bankrupt, to become bankrupt: To fall into a state of continuous business losses and failure, having to sell all assets which are still insufficient to repay debts.
   • To be insolvent: To reach a financial state where one's liabilities exceed their assets and they are unable to meet their debt obligations.

Usage Examples

• Verb:
  • Công ty đó đã vỡ nợ sau một năm thua lỗ nặng. (That company went bankrupt after a year of heavy losses.)
  • Nhiều nhà hàng nhỏ vỡ nợ trong đại dịch. (Many small restaurants became bankrupt during the pandemic.)
  • Ông ấy sợ sẽ vỡ nợ nếu dự án này thất bại. (He is afraid he will go bankrupt if this project fails.)

Advanced Usage

• "bị vỡ nợ": to be bankrupted, to have gone bankrupt (emphasizing the state or result).
  • Sau vụ đầu tư thất bại, anh ta bị vỡ nợ. (After the failed investment, he was bankrupted.)
• "lâm vào cảnh vỡ nợ": to fall into bankruptcy.
  • Nhiều hộ kinh doanh gia đình đã lâm vào cảnh vỡ nợ. (Many family businesses fell into bankruptcy.)

Variants and Related Words

• Phá sản (verb): To go bankrupt, to be insolvent. (A more formal or legal synonym).
• Vỡ nợ (noun form, less common): Bankruptcy, insolvency. (Often used in the verbal form; the noun is typically "sự vỡ nợ" or "cảnh vỡ nợ").
  • Sự vỡ nợ của tập đoàn gây chấn động thị trường. (The bankruptcy of the conglomerate shocked the market.)

Synonyms

• Phá sản: To go bankrupt.
• Khánh kiệt: To be impoverished, financially ruined (can be a consequence of bankruptcy).
• Thất bại trong kinh doanh: To fail in business (a more general term).

Related Phrases / Idioms

• "Vỡ nợ như chúa Chổm": To be deeply in debt, bankrupt (comparing to a proverbial historical figure known for debt). This idiom emphasizes a state of extreme, notorious insolvency.
  • Sau chuỗi ngày cờ bạc, hắn vỡ nợ như chúa Chổm. (After days of gambling, he was bankrupt and deeply in debt.)
• "Trắng tay vì vỡ nợ": To be left with nothing due to bankruptcy.
  • Ông chủ trang trại trắng tay vì vỡ nợ. (The farm owner was left with nothing due to bankruptcy.)

verb

1. to go bankrupt, to become bankrupt