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fallimento

failure

noun fal-lee-MEHN-toh Less Common

Origin: from 'fallire' (to fail)

Also means

bankruptcy

Usage Note

Fallimento means both a personal failure and, in legal-financial terms, bankruptcy. The verb fallire likewise splits between 'to fail' and 'to go bankrupt'; context tells you which.

Examples

"L'azienda ha dichiarato fallimento."

Natural Translation

The company declared bankruptcy.

Literal Translation

The-company has declared bankruptcy.

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