Definition of bankrupt
(Entry 1 of 3)
1a
: a debtor (such as an individual or an organization) whose property is subject to voluntary or involuntary administration under the bankruptcy laws for the benefit of the debtor's creditors
b
: a person who becomes insolvent
2
: a person who is completely lacking in a particular desirable quality or attribute
a moral bankrupt
bankrupt
adjectiveDefinition of bankrupt (Entry 2 of 3)
1a
: reduced to a state of financial ruin : impoverished
specifically
: legally declared bankrupt
the company went bankrupt
b
: of or relating to bankrupts or bankruptcy
bankrupt laws
bankrupt
verb
bankrupted; bankrupting; bankrupts
Definition of bankrupt (Entry 3 of 3)
1
: to reduce to bankruptcy
2
: impoverish
defections had bankrupted the party of its brainpower
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Merriam-Webster unabridged
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Time Traveler for bankrupt
The first known use of bankrupt was in 1565
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