bankrupt
bank-rupt · adjective
Definitions
adjective
- 1.
Unable to pay debts; declared legally insolvent.
- 2.
Completely lacking in a particular quality or value.
- 3.
A person judged by a court to be insolvent.
- 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.