bankrupt

[ bangk-ruhpt, -ruhpt ]
/ ˈbæŋk rʌpt, -rəpt /

noun

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.

adjective

verb (used with object)

to make bankrupt: His embezzlement bankrupted the company.

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Origin of bankrupt

1525–35; <Medieval Latin banca rupta bank broken; replacing adaptations of Italian banca rota and French banqueroute in same sense

OTHER WORDS FROM bankrupt

pseu·do·bank·rupt, adjectivequasi-bankrupt, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for bankrupt

British Dictionary definitions for bankrupt

bankrupt
/ (ˈbæŋkrʌpt, -rəpt) /

noun

adjective

verb

(tr) to make bankrupt

Word Origin for bankrupt

C16: from Old French banqueroute, from Old Italian bancarotta, from banca bank 1 + rotta broken, from Latin ruptus, from rumpere to break
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012