- Law. a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court and whose property is administered for and divided among his or her creditors under a bankruptcy law.
- any insolvent debtor; a person unable to satisfy any just claims made upon him or her.
- a person who is lacking in a particular thing or quality: a moral bankrupt.
- Law. subject to or under legal process because of insolvency; insolvent.
- at the end of one's resources; lacking (usually followed by of or in): bankrupt of compassion; bankrupt in good manners.
- pertaining to bankrupts or bankruptcy.
- to make bankrupt: His embezzlement bankrupted the company.
Origin of bankrupt
SynonymsSee more synonyms for bankrupt on Thesaurus.com
Examples from the Web for bankrupt
It was that we have serious fiscal problems that are going to bankrupt cities and towns—literally—and hurt a lot of people.Meet Gina Raimondo, the Only Democratic Star of 2014
November 6, 2014
When it comes to shooting locations, the bankrupt cities of America have a lot to offer filmmakers.Can Hollywood Rejuvenate Detroit and America’s Bankrupt Cities?
May 15, 2014
Ironically, the revered but bankrupt Douglas would now be the least successful were he not dead.A Country House of Fools: Norman Rush’s ‘Subtle Bodies’
September 10, 2013
Detroit may be bankrupt, but the Big Three automakers based there had a fantastic month.Consumers Push July U.S. Auto Sales Up Sharply
August 1, 2013
The bankrupt ones are outlined in red, while the tottering ones have orange outlines.Solyndra 2.0
April 2, 2013
You may be punctual in that to half a second on the clock, and yet be Bankrupt.Life And Adventures Of Martin Chuzzlewit
It was a laugh—a faint, broken, bankrupt echo of her old happy laughter.The Scapegoat
The bankrupt garret had dropped a cake of its rotten plaster.A Son of Hagar
Sir Hall Caine
"I'm not bankrupt, either," said old Uthoug, fixing his red eyes on her face.The Great Hunger
When you tell me you cease to endorse my pledges, I feel I am a bankrupt in your esteem.'Lord Kilgobbin
- a person adjudged insolvent by a court, his or her property being transferred to a trustee and administered for the benefit of his creditors
- any person unable to discharge all his or her debts
- a person whose resources in a certain field are exhausted or nonexistenta spiritual bankrupt
- adjudged insolvent
- financially ruined
- depleted in resources or having completely failedspiritually bankrupt
- (foll by of) British lackingbankrupt of intelligence
- (tr) to make bankrupt
Word Origin and History for bankrupt
1560s, from Italian banca rotta, literally "a broken bench," from banca "moneylender's shop," literally "bench" (see bank (n.1)) + rotta "broken, defeated, interrupted" from (and remodeled on) Latin rupta, fem. past participle of rumpere "to break" (see rupture (n.)). "[S]o called from the habit of breaking the bench of bankrupts" [Klein]. Earlier in English as a noun, "bankrupt person" (1530s).
1550s, from bankrupt (adj.). Related: Bankrupted; bankrupting.