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RBA Glossary definition for bankruptcy

bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.

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The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
d. ).LB. d. is equal to 1 for all observations from Monday 15 September, the first business day after Lehman Brothers declared bankruptcy.
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html

References

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
Benmelech E and NK Bergman (2011), ‘Bankruptcy and the Collateral Channel’, The Journal of Finance, 66(2), pp 337–378.
https://www.rba.gov.au/publications/rdp/2021/2021-01/references.html

Institutional Background and Data

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
d. ).LB. d. is equal to 1 for all observations from Monday 15 September, the first business day after Lehman Brothers declared bankruptcy.
https://www.rba.gov.au/publications/rdp/2021/2021-01/institutional-background-and-data.html