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Definition of bankrupt
1a : a person who has done any of the acts that by law entitle creditors to have his or her estate administered for their benefitb : a person judicially declared subject to having his or her estate administered under the bankrupt laws for the benefit of creditorsc : a person who becomes insolvent
2 : a person who is completely lacking in a particular desirable quality or attribute a moral bankrupt
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Examples of bankrupt in a Sentence
As a lawyer, she specialized in working with bankrupts.
Recent Examples of bankrupt from the Web
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Because the court declared the CEO bankrupt, the Swedish Companies Registration Office de-registered Göransson as Securitas President and CEO.
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CEO’s identity was used for false loan application in March District Court declared Alf Goransson bankrupt on July 10 The man running Sweden’s biggest security firm was declared bankrupt this week after his identity was hacked.
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Her insistence on tough fiscal love pulled near-bankrupt Greece — and Europe — back from the financial brink more than once.
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Hanjin Shipping Co. filed for court protection last August, leaving $14 billion of cargo stranded at sea for months, and it was formally declared bankrupt in Seoul earlier this year.
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But the PUC has an additional tool remaining to punish PG&E. When the utility went bankrupt in 2001, the PUC guaranteed shareholders an 11.3 percent return on equity, about a percentage point above the industry standard.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bankrupt.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Other Economics Terms
bankrupt
Definition of bankrupt
1a : reduced to a state of financial ruin : impoverished; specifically : legally declared a bankrupt the company went bankruptb : of or relating to bankrupts or bankruptcy bankrupt laws
2a : broken, ruined a bankrupt professional careerb : exhausted of valuable qualities : sterile a bankrupt old culturec : destitute —used with of or in bankrupt of all merciful feelings
Examples of bankrupt in a Sentence
The lawsuit could leave them bankrupt.
she's a kind soul, but bankrupt of all common sense, I'm afraid
Recent Examples of bankrupt from the Web
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At the time, 21 percent of the freight-rail system was operated by bankrupt rail companies.
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The impersonal machinery of bankruptcy has dealt a blow to Project Home’s effort to build a $13 million LGBTQ-friendly affordable-housing project on property the nonprofit wanted to buy from the bankrupt North Philadelphia Health System.
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Association health plans have been around for decades, but some had solvency problems and went bankrupt, leaving consumers on the hook with unpaid medical bills.
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The city of Williamstown and Grant County haven't gone bankrupt but have had financial troubles.
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Black people have been shamed for financial poverty in a nation that is morally bankrupt; still, reparations for theft of our land, our labor and our lives is considered too much to ask for.
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Just two months ago, Puerto Rico’s governor, Ricardo Rosselló, declared the country bankrupt in order to restructure a $70 billion debt.
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The value of the foundation investments, which were made from endowment funds, has declined 83 percent, and several of the companies are closed or bankrupt, auditors found.
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Reagan’s tax cuts left the U.S. with an unprecedented peacetime deficit; George W. Bush inherited a small surplus and, after his tax cuts didn’t spur higher growth, handed Obama a Treasury close to bankrupt.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bankrupt.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of bankrupt
1565
Other Economics Terms
bankrupt
Definition of bankrupt
transitive verb
1 : to reduce to bankruptcy
2 : impoverish defections had bankrupted the party of its brainpower
Examples of bankrupt in a Sentence
Several risky deals bankrupted the company.
several bad investments bankrupted him
Recent Examples of bankrupt from the Web
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A billionaire Republican donor, Frank VanderSloot, nearly bankrupted Mother Jones.
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Knappenberger has assembled a thorough and comprehensive recap of Bollea v. Gawker, in which the media gossip site was bankrupted by a decision that many saw as a harbinger of doom for the First Amendment.
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The lawsuit could have bankrupted Applegate, the lawyers said.
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More than a decade on, the Tren Urbano is a monument to the folly, bloat and abuse that finally bankrupted Puerto Rico.
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It was disbanded in 1987 after the Klan murder of a black man resulted in criminal convictions and a lawsuit that bankrupted the group.
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Although Coachella lost money on its 1999 début, nearly bankrupting Goldenvoice, and required four years to become profitable, by 2011 the festival had grown so popular that Tollett offered a second weekend, with the same lineup.
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So at first, a repeal would simply bankrupt me; literally all my money would be funneled into my care.
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Groups that rely on fundraising simply find keeping the building so maintained will bankrupt their operations.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'bankrupt.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of bankrupt
circa 1625
Synonym Discussion of bankrupt
Other Economics Terms
BANKRUPT Defined for English Language Learners
bankrupt
playDefinition of bankrupt for English Language Learners
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: a person, business, etc., that is unable to pay debts
bankrupt
Definition of bankrupt for English Language Learners
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: unable to pay debts
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—used to say that someone or something completely lacks a good or desired quality
bankrupt
Definition of bankrupt for English Language Learners
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: to cause (a person, business, etc.) to be unable to pay debts : to make (someone or something) bankrupt
BANKRUPT Defined for Kids
Definition of bankrupt for Students
: not having enough money to pay debts
Definition of bankrupt for Students
bankrupted
;bankrupting
: to cause to not have enough money to pay debts That last risky deal bankrupted the company.
Definition of bankrupt for Students
: a person or business that does not have enough money to pay debts
Law Dictionary
bankrupt
Legal Definition of bankrupt
: ruined financially; especially : judicially declared a bankrupt the company is bankrupt — compare insolvent
bankrupt
Legal Definition of bankrupt
: to reduce to bankruptcy was bankrupted by attorney's fees
Learn More about bankrupt
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See words that rhyme with bankrupt Thesaurus: All synonyms and antonyms for bankrupt Spanish Central: Translation of bankrupt Nglish: Translation of bankrupt for Spanish speakers Britannica English: Translation of bankrupt for Arabic speakers
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