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1

bankrupt

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noun bank·rupt \ˈbaŋk-(ˌ)rəpt\

Simple Definition of bankrupt

  • : a person, business, etc., that is unable to pay debts

Source: Merriam-Webster's Learner's Dictionary

Full Definition of bankrupt

  1. 1 a :  a person who has done any of the acts that by law entitle creditors to have his or her estate administered for their benefit b :  a person judicially declared subject to having his or her estate administered under the bankrupt laws for the benefit of creditors c :  a person who becomes insolvent

  2. 2 :  a person who is completely lacking in a particular desirable quality or attribute <a moral bankrupt>

Examples of bankrupt in a sentence

  1. As a lawyer, she specialized in working with bankrupts.



Origin and Etymology of bankrupt

modification of Middle French & Old Italian; Middle French banqueroute bankruptcy, from Old Italian bancarotta, from banca bank + rotta broken, from Latin rupta, feminine of ruptus, past participle of rumpere to break — more at bank, reave


First Known Use: 1533


2

bankrupt

adjective bank·rupt

Simple Definition of bankrupt

  • : unable to pay debts

  • —used to say that someone or something completely lacks a good or desired quality

Source: Merriam-Webster's Learner's Dictionary

Full Definition of bankrupt

  1. 1 a :  reduced to a state of financial ruin :  impoverished; specifically :  legally declared a bankrupt <the company went bankrupt> b :  of or relating to bankrupts or bankruptcy <bankrupt laws>

  2. 2 a :  broken, ruined <a bankrupt professional career> b :  exhausted of valuable qualities :  sterile <a bankrupt old culture> c :  destitute —used with of or in <bankrupt of all merciful feelings>

Examples of bankrupt in a sentence

  1. The lawsuit could leave them bankrupt.

  2. <she's a kind soul, but bankrupt of all common sense, I'm afraid>



1566

First Known Use of bankrupt

1566


3

bankrupt

verb bank·rupt

Simple Definition of bankrupt

  • : to cause (a person, business, etc.) to be unable to pay debts : to make (someone or something) bankrupt

Source: Merriam-Webster's Learner's Dictionary

Full Definition of bankrupt

  1. transitive verb
  2. 1 :  to reduce to bankruptcy

  3. 2 :  impoverish <defections had bankrupted the party of its brainpower>

Examples of bankrupt in a sentence

  1. Several risky deals bankrupted the company.

  2. <several bad investments bankrupted him>



1588

First Known Use of bankrupt

1588

Synonym Discussion of bankrupt

deplete, drain, exhaust, impoverish, bankrupt mean to deprive of something essential to existence or potency. deplete implies a reduction in number or quantity so as to endanger the ability to function <depleting our natural resources>. drain implies a gradual withdrawal and ultimate deprivation of what is necessary to an existence <personal tragedy had drained him of all spirit>. exhaust stresses a complete emptying <her lecture exhausted the subject>. impoverish suggests a deprivation of something essential to richness or productiveness <impoverished soil>. bankrupt suggests impoverishment to the point of imminent collapse <war had bankrupted the nation of resources>.

Rhymes with bankrupt



BANKRUPT Defined for Kids

1

bankrupt

play
adjective bank·rupt \ˈbaŋk-ˌrəpt\

Definition of bankrupt for Students

  1. :  not having enough money to pay debts




2

bankrupt

play
verb bank·rupt

Definition of bankrupt for Students

bankrupted

bankrupting

  1. :  to cause to not have enough money to pay debts <That last risky deal bankrupted the company.>




3

bankrupt

play
noun bank·rupt

Definition of bankrupt for Students

  1. :  a person or business that does not have enough money to pay debts




Law Dictionary

1

bankrupt

play
noun bank·rupt \ˈbaŋ-ˌkrəpt\

Legal Definition of bankrupt

  1. :  a debtor (as an individual or organization) whose property is subject to administration under the bankruptcy laws for the benefit of the debtor's creditors <was adjudicated a bankrupt> — see also debtor




2

bankrupt

adjective bank·rupt

Legal Definition of bankrupt

  1. :  ruined financially; especially :  judicially declared a bankrupt <the company is bankrupt> — compare insolvent




3

bankrupt

transitive verb bank·rupt

Legal Definition of bankrupt

  1. :  to reduce to bankruptcy <was bankrupted by attorney's fees>





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