Bankrupt

//ˈbæŋk.ɹəpt// adj, noun, verb

adj, noun, verb ·Common ·High school level

Definitions

Noun
  1. 1
    One who becomes unable to pay his or her debts; an insolvent person; a bankruptee.
  2. 2
    someone who has insufficient assets to cover their debts wordnet
  3. 3
    A trader who secretes himself, or does certain other acts tending to defraud his creditors. UK, obsolete
Verb
  1. 1
    To force into bankruptcy. transitive

    "The cost of the Mendip line had, however, bankrupted the S.D.R. [Somerset & Dorset Railway], and it was leased to the two larger companies for 999 years in 1875, and named the Somerset & Dorset Joint Railway."

  2. 2
    reduce to bankruptcy wordnet
  3. 3
    to get placed last in Tycoon with the bankruptcy rule
Adjective
  1. 1
    In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent. usually

    "a bankrupt merchant"

  2. 2
    Destitute of, or wholly lacking a good quality, value, etc. one should possess or once possessed. figuratively

    "a morally bankrupt politician"

Adjective
  1. 1
    financially ruined wordnet

Example

More examples

"We were financially troubled, in short, we were bankrupt."

Etymology

Partial calque of Italian bancarotta (literally “a broken bench”), from banca (“bank”, literally “bench”) + rotta (“broken, rupted”), which refers to an out-of-business bank, having its bench physically broken, signifying that the working moneylender was insolvent.

Related phrases

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.