La faillite
Example: La faillite de l'entreprise a surpris tous les employés.
Definition
"La faillite" refers to the state or condition in which a company or individual is unable to meet financial obligations, resulting in legal insolvency and often leading to the closure or restructuring of the business. For example, "La faillite de l'entreprise a surpris tous les employés."
Etymology
The term "la faillite" originates from the Old French word 'faillite,' derived from 'faillir,' meaning 'to fail.' It traces back to the Latin 'fallita,' meaning 'failure' or 'deficiency.' Did you know? The word reflects the idea of a business 'failing' to fulfill its financial duties.
Learn to use this word actively
"La faillite" appears in the Vocaplus list "French - Entrepreneurship - (A1-C2) - set 1", containing 109 commonly used words.
Would you like to not only understand these words, but also remember them and use them actively? Create a free account and select French as the language you want to learn.
Create a free account
