noun
chain-reaction bankruptcy; chain bankruptcy
Refers to a series of bankruptcies where one company's failure triggers the failure of others, often due to interconnected debts or supply chains.
大手企業の倒産が連鎖倒産を引き起こした。
The bankruptcy of a major company triggered a chain of bankruptcies.
倒産 is a general term for bankruptcy, while 連鎖倒産 specifically refers to a chain of bankruptcies caused by one initial failure.
Compound of 連鎖 (chain, linkage) and 倒産 (bankruptcy).