This is the 5810th most frequent Korean word.
부도
"부도" means "bankruptcy" or "dishonor of a financial obligation."
Here, '부도' metaphorically describes the failure of a plan or endeavor due to insufficient resources.
우리의 계획은 자금 부족으로 사실상 부도가 날 위기에 처했다.
Our plan is at risk of effectively failing due to lack of funds.
In this sentence, '부도' is used in the context of 'dishonored bills', referring to situations where financial documents are not honored for payment.
은행은 어음 부도를 처리하는 절차를 준비하고 있다.
The bank is preparing procedures for dealing with dishonored bills.
In this context, '부도' refers to the financial state of bankruptcy of the company.