bankrupt

bank-rupt · adjective

imported

Definitions

adjective

  1. 1.

    Unable to pay debts; declared legally insolvent.

  2. 2.

    Completely lacking in a particular quality or value.

  3. 3.

    A person judged by a court to be insolvent.

  4. 4.

    To cause someone to become bankrupt; to ruin financially.

Phrases & expressions

  • go bankrupt — To become insolvent.
  • morally bankrupt — Lacking ethical principles.
  • bankrupt estate — The assets of someone who is bankrupt.

Related words

Etymology

From Italian banca rotta meaning "broken bench," referring to the practice of breaking a moneylender's bench when they could no longer conduct business.