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bankrupt

3 entries found.

Main Entry:
1bank·rupt 
          Listen to the pronunciation of 1bankrupt
Pronunciation:
\ˈbaŋk-(ˌ)rəpt\
Function:
noun
Etymology:
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
Date:
1533
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 insolvent2: a person who is completely lacking in a particular desirable quality or attribute <a moral bankrupt>


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