Definition
Legal process for insolvent entities to resolve debts.
Examples
Bankruptcy is rare for venture-backed startups but possible.
Origin
Modern business/startup term; used as practical shorthand in product, growth, and investing.
Use it in Nautis
Track bankruptcy alongside everything else in your startup.
Nautis brings planning, fundraising, finance, and operations into one AI-native workspace — so concepts like bankruptcy stop being spreadsheet trivia and start showing up where decisions get made.