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
5 Words related to bankcorruptcy

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from We'll never spam you.