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bankrupt

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

trim, lower, cut, dwindle, shorten, lessen, pare, slash, diminish, curtail, weaken, mar, impoverish, wreck, overwhelm, injure, shatter, exhaust, demolish, crush

Nearby words

  1. banking principle,
  2. bankit,
  3. banknote,
  4. bankroll,
  5. bankroller,
  6. bankrupt worm,
  7. bankruptcy,
  8. bankruptcy order,
  9. banks,
  10. banks island

Origin of bankrupt

1525–35; < Medieval Latin banca rupta bank broken; replacing adaptations of Italian banca rota and French banqueroute in same sense
Related formspseu·do·bank·rupt, adjectivequa·si-bank·rupt, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for bankrupted

British Dictionary definitions for bankrupted

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
Word Origin and History for bankrupted
Online Etymology Dictionary, © 2010 Douglas Harper