bankrupt

US /ˈbæŋ.krʌpt/
UK /ˈbæŋ.krʌpt/
"bankrupt" picture
1.

a person or organization declared in law as unable to pay their debts.

:
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The company went bankrupt after years of financial mismanagement.
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He was declared bankrupt and lost all his assets.
:
insolventruinedbrokedestituteimpoverished
1.

to cause (a person or organization) to become bankrupt.

:
•
The high legal fees could bankrupt him.
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Their lavish spending threatened to bankrupt the family.
:
ruinimpoverishdestitutebeggarcripple
1.

a person or organization that is bankrupt.

:
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The court appointed a trustee to manage the assets of the bankrupt.
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The bankrupt was unable to pay his creditors.
:
insolventdebtor