bankrupt

I UK [ˈbæŋkrʌpt] / US [ˈbæŋkˌrʌpt] adjective *
1)
a) a person or business that is bankrupt has officially admitted that they have no money and cannot pay what they owe

bankrupt farmers

go bankrupt:

Many of the companies that they had invested in went bankrupt.

declare yourself bankrupt:

He declared himself bankrupt in 1994.

b) a country or state that is bankrupt owes more money than it can ever pay back

Years of mismanagement had left the region virtually bankrupt.

2) formal without any good qualities at all

This is a bankrupt ideology.

his morally bankrupt lifestyle


II UK [ˈbæŋkrʌpt] / US [ˈbæŋkˌrʌpt] noun [countable]
Word forms "bankrupt":
singular bankrupt plural bankrupts
someone who has officially admitted that they have no money and cannot pay what they owe

III UK [ˈbæŋkrʌpt] / US [ˈbæŋkˌrʌpt] verb [transitive]
Word forms "bankrupt":
present tense I/you/we/they bankrupt he/she/it bankrupts present participle bankrupting past tense bankrupted past participle bankrupted
to make a person, business, or country bankrupt or very poor

Widespread corruption had bankrupted a country rich in oil.


English dictionary. 2014.

Synonyms:

Look at other dictionaries:

  • bankrupt — bank·rupt 1 / baŋ ˌkrəpt/ n: a debtor (as an individual or organization) whose property is subject to administration under the bankruptcy laws for the benefit of the debtor s creditors was adjudicated a bankrupt see also debtor bankrupt 2 adj:… …   Law dictionary

  • bankrupt — [baŋk′rupt΄, baŋk′rəpt] n. [Fr banqueroute < It banca rotta < banca, bench (see BANK1) + rotta, broken < L rupta, fem. pp. of rumpere, to break: see RUPTURE] 1. a person legally declared unable to pay his or her debts: the property of a… …   English World dictionary

  • Bankrupt — Bank rupt, a. 1. Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one s debts; as, a bankrupt merchant. [1913 Webster] 2. Depleted of money; not having the means of meeting pecuniary liabilities; …   The Collaborative International Dictionary of English

  • Bankrupt — Bank rupt, n. [F. banqueroute, fr. It. bancarotta bankruptcy; banca bank (fr. OHG. banch, G. bank, bench) + rotta broken, fr. L. ruptus, p. p. of rumpere to break. At Florence, it is said, the bankrupt had his bench (i.e., money table) broken.… …   The Collaborative International Dictionary of English

  • bankrupt — ► ADJECTIVE 1) declared in law unable to pay one s debts. 2) completely lacking in a particular good quality or value: morally bankrupt. ► NOUN ▪ a person legally declared as bankrupt. ► VERB ▪ reduce to a bankrupt state. DERIVATIVES …   English terms dictionary

  • Bankrupt — Bank rupt, v. t. [imp. & p. p. {Bankrupted}; p. pr. & vb. n. {Bankrupting}.] To make bankrupt; to bring financial ruin upon; to impoverish. [1913 Webster] …   The Collaborative International Dictionary of English

  • bankrupt — 1530s (n., bankrupt person ); 1560s (adj.), from It. banca rotta, lit. a broken bench, from banca moneylender s shop, lit. bench (see BANK (Cf. bank) (1)) + rotta broken, defeated, interrupted from (and remodeled on) L. rupta, fem. pp. of rumpere …   Etymology dictionary

  • bankrupt — the entity that files a bankruptcy; the debtor; the insolvent entity. This is a non technical term and is not used in the Bankruptcy Code (Glossary of Common Bankruptcy Terms) A person who has made an assignment or against whom a receiving order… …   Glossary of Bankruptcy

  • bankrupt — vb impoverish, exhaust, *deplete, drain Analogous words: denude, *strip, bare: sap, cripple, disable, undermine (see WEAKEN) …   New Dictionary of Synonyms

  • bankrupt — [adj] unable to pay debts broke, depleted, destitute, exhausted, failed, impoverished, in Chapter 11*, insolvent, lacking, lost, out of business, ruined, spent, tapped out; concept 334 Ant. rich, solvent, wealthy …   New thesaurus

  • bankrupt — a debtor, who has volunteered or been forced to appear before a Bankruptcy Court and has been judged insolvent, because s/he has insufficient assets to meet the demands of all creditors. Glossary of Business Terms * * * ▪ I. bankrupt bank‧rupt 1… …   Financial and business terms

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