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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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Operations in Financial Markets

10 Sep 2012 RBA Annual Report – 2012
In particular, ADIs will be able to use certain related-party assets issued by bankruptcy remote vehicles, such as ‘self-securitisations’ of their residential mortgages.
https://www.rba.gov.au/publications/annual-reports/rba/2012/ops-fin-mkts.html

Operations in Financial Markets

12 Sep 2014 RBA Annual Report – 2014
In addition, the Bank has permitted the use of certain related-party assets issued by bankruptcy remote vehicles, such as self-securitised residential mortgage-backed securities (RMBS), as security against open
https://www.rba.gov.au/publications/annual-reports/rba/2014/ops-fin-mkts.html

Financial System Stability

24 Aug 2001 RBA Annual Report – 2001
US bankruptcies, default rates on junk bonds and corporate loan delinquencies at banks rose and corporate credit downgrades once again exceeded upgrades.
https://www.rba.gov.au/publications/annual-reports/rba/2001/fin-sys-stability.html

The Economy and the Bank's Policies | Reserve Bank of Australia Annual Report - 1983

30 Jun 1983 Annual Report
In the circumstances of late 1982, a tougher approach, intensifying the pressure on the private sector, would have resulted mainly in further cuts in employment and in increases in bankruptcies.
https://www.rba.gov.au/publications/annual-reports/rba/1983/eco-bank-policies.html

The Economy and Monetary Policy | Reserve Bank of Australia Annual Report - 1990

30 Jun 1990 Annual Report
There is no clear evidence from the available figures of an increase in bankruptcies, for instance, but there were increases in liquidations, in the number of receivers appointed and in stock
https://www.rba.gov.au/publications/annual-reports/rba/1990/eco-mono-policy.html