This is the 10242nd most frequent German word.
pleiten
"Pleiten" in English means "failures" or "bankruptcies."
object noun to describe financial failures
Die Firma musste schließen, da sie mehrere Pleiten hintereinander erlitt.
The company had to close because it suffered several failures in a row.
noun in plural form indicating setbacks
Wir dürfen nicht vergessen, aus vergangenen Pleiten zu lernen.
We must not forget to learn from past failures.
verb usage to describe going bankrupt