German Word · Intermediate
Pleite
bankruptcy
Pronunciation: /ˈplaɪ̯tə/
Meaning
A word or expression meaning "bankruptcy".
Example
Das Gesetz legt unter anderem fest, dass die Regierung eine Bank im Falle ihrer drohenden Pleite geordnet abwickeln kann.
The law determines among other things that the government can wind up a bank in an orderly fashion in case of its impending bankruptcy.
Practice tips
- Practice Pleite out loud — read the pronunciation guide above and repeat.
- Use it in your own sentence today; reuse beats rereading.
- Pay attention to context: this German word is for intermediate-level learners.