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    bank·rupt
    [ˈbaNGkrəpt]
    adjective
    bankrupt (adjective)
    1. (of a person or organization) declared in law unable to pay outstanding debts:
      "his father went bankrupt and the family had to sell their home" · "the company was declared bankrupt"
      • impoverished or depleted:
        "a bankrupt country with no natural resources"
    2. completely lacking in a particular quality or value:
      "their cause is morally bankrupt"
    noun
    bankrupt (noun) · bankrupts (plural noun)
    1. a person judged by a court to be insolvent, whose property is taken and disposed of for the benefit of creditors.
    verb
    bankrupt (verb) · bankrupts (third person present) · bankrupted (past tense) · bankrupted (past participle) · bankrupting (present participle)
    1. reduce (a person or organization) to bankruptcy:
      "the strike nearly bankrupted the union"
    Origin
    mid 16th century: from Italian banca rotta ‘broken bench’, from banca (see bank) and rompere ‘to break’. The change in the ending was due to association with Latin rupt- ‘broken’.
    Translate bankrupt to
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    Similar and Opposite Words
    adjective
    1. (of a person or organization) declared in law unable to pay outstanding debts:
      insolvent
      bankrupted
      failed
      ruined
      in arrears
      wiped out
      gone under
      in debt
      owing money
      in the red
      in administration
      in receivership
      Opposite:
      solvent
      • completely lacking in a particular quality or value:
        without
        in need of
        wanting
        completely lacking in
        bereft of
        exhausted of
        devoid of
        empty of
        depleted of
        destitute of
        vacant of
        bare of
        denuded of
        deprived of
        Opposite:
        teeming with
      noun
      1. a person judged by a court to be insolvent, whose property is taken and disposed of for the benefit of creditors.
        insolvent
        debtor
        pauper
        bankrupt person
      verb
      1. reduce (a person or organization) to bankruptcy:
        ruin
        impoverish
        bring someone to their knees
        wipe out
        break
        cripple
        pauperize
        beggar
        make bankrupt
        cause to go bankrupt
        make insolvent
        reduce to penury/destitution
        bring to ruin
       

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    2. People also ask
      What happens if a person goes bankrupt?
      It takes a legal proceeding for the courts to declare a person bankrupt — or officially unable to pay his debts. Despite the word bank in bankrupt, the word can be used to describe an entity that is short of something other than money. A bankrupt nation might not have the natural resources for its people to produce goods.

      Bankrupt - Definition, Meaning & Synonyms - Vocabulary.com

      vocabulary.com
      What does bankruptcy mean?
      Bankrupt definition: a person who upon their own petition or that of their creditors is adjudged insolvent by a court and whose property is administered for and divided among their creditors under a bankruptcy law.. See examples of BANKRUPT used in a sentence.

      BANKRUPT Definition & Meaning | Dictionary.com

      dictionary.com
      What does a bankrupt person mean?
      A bankrupt is a person who has been declared bankrupt by a court of law. To bankrupt a person or organization means to make them go bankrupt. The move to the market nearly bankrupted the firm and its director. 8 meanings: 1. a person adjudged insolvent by a court, his or her property being transferred to a trustee and administered for....

      BANKRUPT definition and meaning | Collins English Dictionary

      collinsdictionary.com
      Where did the word bankruptcy come from?
      The word bankruptcy is derived from Italian banca rotta, literally meaning "broken bank". The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted.

      Bankruptcy - Wikipedia

      en.wikipedia.org
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    3. Merriam Webster
      https://www.merriam-webster.com/dictionary/bankrupt

      Bankrupt Definition & Meaning - Merriam-Webster

       
    4. Cambridge Dictionary
      https://dictionary.cambridge.org/dictionary/english/bankrupt

      BANKRUPT | English meaning - Cambridge Dictionary

    6. The Free Dictionary
      https://www.thefreedictionary.com/bankrupt

      Bankrupt - definition of bankrupt by The Free Dictionary

    7. Investopedia
      https://www.investopedia.com/terms/b/bankruptcy.asp

      Bankruptcy Explained: Types and How It Works - Investopedia

    8. Vocabulary.com
      https://www.vocabulary.com/dictionary/bankrupt

      Bankrupt - Definition, Meaning & Synonyms - Vocabulary.com

    10. Dictionary
      https://www.dictionary.com/browse/ bankrupt

      BANKRUPT Definition & Meaning - Dictionary.com

    11. Merriam Webster
      https://www.merriam-webster.com/dictionary/bankruptcy

      Bankruptcy Definition & Meaning - Merriam-Webster

    12. Collins Dictionary
      https://www.collinsdictionary.com/dictionary/english/bankrupt

      BANKRUPT definition and meaning | Collins English Dictionary

    13. Cambridge Dictionary
      https://dictionary.cambridge.org/.../bankrupt

      BANKRUPT | definition in the Cambridge Learner’s Dictionary

    14. NerdWallet
      https://www.nerdwallet.com/article/fina…

      What Is Bankruptcy? Definition, Types and More

      WEBNov 21, 2023 · Bankruptcy is a legal tool to help you manage overwhelming debt. Common types include Chapter 7 and Chapter 13. Learn whether bankruptcy is right for you.

    15. Your Dictionary
      https://www.yourdictionary.com/bankrupt

      Bankrupt Definition & Meaning - YourDictionary

    16. Britannica
      https://www.britannica.com/dictionary/bankrupt

      Bankrupt Definition & Meaning | Britannica Dictionary

    17. Britannica
      https://www.britannica.com/money/bankruptcy

      Bankruptcy | Definition, History, Examples, & Facts | Britannica …

    18. Cambridge Dictionary
      https://dictionary.cambridge.org/us/dictionary/english/bankrupt

      BANKRUPT | definition in the Cambridge English Dictionary

    19. Legal Dictionary
      https://legaldictionary.net/bankruptcy

      Bankruptcy - Definition, Examples, Cases, Processes - Legal …

    20. Debt.org
      https://www.debt.org/bankruptcy

      Bankruptcy: How It Works and Consequences - Debt.org

    21. Wikipedia
      https://en.wikipedia.org/wiki/Bankruptcy

      Bankruptcy - Wikipedia

    22. Forbes
      https://www.forbes.com/advisor/debt-relief/what-is-bankruptcy

      What Is Bankruptcy? – Forbes Advisor

    23. Nolo
      https://www.nolo.com/legal-encyclopedia/what-is-bankruptcy.html

      What Is Bankruptcy? - Nolo

    24. The Balance
      https://www.thebalancemoney.com/what-is-bankruptcy-316134

      What Is Bankruptcy? - The Balance

    25. Oxford English Dictionary
      https://www.oed.com/dictionary/bankrupt_n

      bankrupt, n. meanings, etymology and more - Oxford English …

    26. FindLaw
      https://www.findlaw.com/bankruptcy/what-is-bankruptcy.html

      What Is Bankruptcy? - FindLaw

    27. Investopedia
      https://www.investopedia.com/articles/pf/07/bankruptcy.asp

      What Happens When You File for Bankruptcy? - Investopedia

    28. The Day
      https://www.theday.com/local-news/20240918/norwich...

      Norwich Diocese’s protracted bankruptcy to enter another …