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).
Advertisement
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.