Bankruptcy is a legal rank of a person or other object
that cannot reimburse debts to creditors. In here the high rate means that it
is a legal process in which a court takes over approximately of the finances of
an individual who is incapable to recompense his or her bills.
Great Britain made an approximately 3 million British pounds on 1854 and 21 million British pounds in 1900 for the exports alone in South Saharan Africa.
