bankrupt

IPA: bˈæŋkrʌpt

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.

(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).

Examples of "bankrupt" in Sentences

A small bank going bankrupt is just a small problem.
"I think you're misunderstanding the word 'bankrupt,'" Romney replied.
Ho9w can it be when you can literally become bankrupt from a broken finger.
She is doing such a great job in bankrupt California that people should listen to her ...
Mugabe's ruling ZANU-PF party which he described as bankrupt of new ideas and unfit to rule.
The state will go bankrupt from the lawsuits of those that were profiled because they "looked illegal".
Right now, down the drain bankrupt sounds like a great plan for the major music labels because of their past actions.
As this practice was very frequent in Italy, it is said the term bankrupt is derived from the Italian _banco_ rotto, broken bench.
Ironically, Mike Griffin possesses the knowledge required, but with an arrogance and lack political savvy that has left us equally bankrupt from a leadership point of view.
The Tax Day Tea Party protests began earlier this year when Rick Santelli, on-air editor for CNBC, ranted against what he called the bankrupt liberal agenda of the White House and Congress, a flawed stimulus bill and a pork-filled budget, according to the Tax Day Tea Party Web site.