bankrupt
adjectiveverbnouncommon in dialogue
- //ˈbæŋk.ɹəpt//
- //ˈbæŋk.ɹʌpt//
- //ˈbeɪ̯ŋk.ɹəpt//
- //ˈbeɪ̯ŋk.ɹʌpt//
In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.
adjective
- 1
In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.
a bankrupt merchant
"How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly."
- 2
figurativeDestitute of, or wholly lacking a good quality, value, etc. one should possess or once possessed.
a morally bankrupt politician
a creatively bankrupt endeavor
O Julia! I am bankrupt in gratitude! but the time is ſo preſſing, it calls on you for ſo haſty a reſolution.
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.
verb
- 1
To force into bankruptcy.
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
to get placed last in Tycoon with the bankruptcy rule
noun
- 1
One who becomes unable to pay his or her debts; an insolvent person; a bankruptee.
- 2
obsoleteA trader who secretes himself, or does certain other acts tending to defraud his creditors.
Forms
- plural
- bankrupts
- comparative
- more bankrupt
- superlative
- most bankrupt
- past tense
- bankrupted
- past participle
- bankrupted
- present participle
- bankrupting
- third person singular
- bankrupts
bankrupt · In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.
bankruptcy · A legally declared or recognized condition of insolvency of a…Banks · An English toponymic surname for someone who lives near a…banned · Forbidden; not allowed.