Definition of

Bankruptcy

Fracture

A break is a fracture.

Break is the action and effect of breaking or breaking . This verb can refer to breaking, fracturing, bending, interrupting or passing through .

For example: "The coach's decision marked a break in the club's history," "I'm tired, I need to make a break in my life and take new paths."

Before moving forward, it is important to determine the etymological origin of the term. We can establish that it is found in the Latin crepare , which can be translated as "crunch" : that is, producing the dry noise caused by something breaking.

Breakdown concept

The notion of break is usually linked to a before and after . "The cardiac arrest I suffered two years ago was a turning point: only then did I understand that I had to pay more attention to my health." In this case, cardiac arrest was an event that changed a person's behavior, since this health problem helped them understand that they needed changes to stay alive.

A break, therefore, is associated with abrupt change . Modifications that occur gradually or within a process are not considered breaks. These, therefore, can be traumatic or act as the necessary impetus for positive change.

Drop

In economics and finance, bankruptcy occurs when a person or entity cannot meet its payment obligations.

The term in economics and finance

One of the areas where the term we are analyzing is most used is in economics and finance . And it is used to make it clear that a specific industry or business has gone bankrupt when a situation occurs in which the amount of money it owes is much higher than the capital it has, which means that it cannot cope. to payments.

Thus, for example, due to an economic crisis, many companies have gone bankrupt due to a real imbalance between their profits and their expenses. In this way, on more than one occasion phrases such as the following have been expressed: "The multinational may go bankrupt in a few days because its amount of income has plummeted."

Other uses of the notion of break

When referring to a relationship between people, the breakup is associated with a breakup : «The breakup of the couple occurred with the publication of the photos that showed him with another woman in the middle of a dinner in the light of the night. candles" .

In addition to all of the above, we cannot ignore the fact that the word in question is also used within the field of sport , specifically in tennis . Thus, in this discipline reference is made to the break point , which is the point that a player needs to win the service game against his rival.

It is known as a breakout character (or breakout character , in the English language), finally, the fictional character who enters a television series or publication with a minor role and ends up becoming one of the protagonists due to the interest he arouses in the public.