Top Definition
when a trusted banking institution is forced to file for bankruptcy protection as a direct result of its unethical or illegal financial practices and gross mismanagement of its shareholders funds
Angry guy: Dude! I just heard on the news that our bank is filing for bankruptcy!
Really angry guy's friend: Hey, call it what it really is! It's 'bankcorruptcy'! 'Nemo Me Impune Lacesset', bro!!! What say we organize us a good old Tea Party and storm their corporate headquarters?
by Herr Doktor Grauwolf August 27, 2009

The Urban Dictionary Mug

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The Urban Dictionary Mug

Lotsa space for your liquids.

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The Urban Dictionary Mug

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The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

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The Urban Dictionary T-Shirt

Smooth, soft, slim fit American Apparel shirt. Custom printed. 100% fine jersey cotton, except for heather grey (90% cotton).

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