bankrupt

IPA: bˈæŋkrʌpt

noun

  • One who becomes unable to pay his or her debts; an insolvent person.
  • (UK, law, obsolete) A trader who secretes himself, or does certain other acts tending to defraud his creditors.

verb

  • (transitive) To force into bankruptcy.

adjective

  • (finance) In a condition of bankruptcy; unable to pay one's debts.
  • Having been legally declared insolvent.
  • Destitute of, or wholly lacking (something once possessed, or something one should possess).
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Examples of "bankrupt" in Sentences

  • Is he bankrupt and unable to transact business
  • He played until the bankrupt of the Salerno club.
  • In fact the offer did nearly bankrupt the school.
  • By the time of the coup he was allegedly bankrupt.
  • He later became bankrupt and the estate was sequestered.
  • The firm was fortunate not to be bankrupted by the ordeal.
  • After the dissolution of the USSR in 1991 RMIF went bankrupt.
  • The trustee must arrange mandatory counselling of the bankrupt.
  • The company went bankrupt in the course of the Great Depression.
  • This was after the Pastry War with France, and the treasury was bankrupt.

Related Links

synonyms for bankruptdescribing words for bankrupt
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