Bankrupt meaning

băngkrŭpt, -rəpt
A person who is totally lacking in a specified resource or quality.

An intellectual bankrupt.

noun
4
1
(law) A person, business, or organization legally declared insolvent because of inability to pay debts.
noun
3
0
The definition of bankrupt is having been legally determined to be unable to pay all debts.

An example of bankrupt is the status of a business that failed and has no remaining assets.

adjective
2
0
To cause to become financially bankrupt.
verb
2
0
A person, business, or organization legally declared insolvent: the property of a bankrupt is administered for the benefit of creditors and divided among them.
noun
1
0
Advertisement
A person who lacks a certain quality or has failed completely in some way.

A political bankrupt.

noun
1
0
That is a bankrupt; insolvent.
adjective
1
0
Lacking in some quality; destitute.

Morally bankrupt.

adjective
1
0
To ruin.

An administration that bankrupted its credibility by seeking to manipulate the news.

verb
1
1
Anyone unable to pay his or her debts.
noun
1
1
Advertisement
That has failed completely.

A bankrupt foreign policy.

adjective
0
0
To cause to become bankrupt.
verb
0
0
A person or entity unable to pay debts due to insolvency.
noun
0
0
A person (or entity) who has filed a voluntary petition for bankruptcy or against whom an involuntary petition for bankruptcy has been filed. See also debtor.
noun
0
0
The state of having been declared bankrupt by a Bankruptcy Court.
noun
0
0
Advertisement
In a condition of bankruptcy; unable to pay one's debts.

A bankrupt merchant.

adjective
0
0
Having been legally declared insolvent.
adjective
0
0
Destitute of, or wholly lacking (something once possessed, or something one should possess).

A morally bankrupt politician.

adjective
0
0
To force into bankruptcy.
verb
0
0
One who becomes unable to pay his or her debts; an insolvent person.
noun
0
0
Advertisement

Origin of bankrupt

  • French banqueroute from Italian banca rotta broken counter (from the practice of breaking the counters of bankrupt bankers) banca moneychanger's table bank2 rotta feminine of rotto past participle of rompere to break (from Latin rumpere reup- in Indo-European roots)

    From American Heritage Dictionary of the English Language, 5th Edition

  • From Italian banca rotta, which refers to an out-of-business bank, having its bench physically broken. When a moneylender in Northern Italy became insolvent, they would break the bench they worked from to signify that they were no longer in business.

    From Wiktionary