bankrupt

English dictionary entry

Meanings

adj
  1. In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.
  2. Destitute of, or wholly lacking a good quality, value, etc. one should possess or once possessed.
verb
  1. To force into bankruptcy.
  2. to get placed last in Tycoon with the bankruptcy rule
noun
  1. One who becomes unable to pay his or her debts; an insolvent person; a bankruptee.
  2. A trader who secretes himself, or does certain other acts tending to defraud his creditors.

Pronunciation

/ˈbæŋk.ɹəpt/ /ˈbæŋk.ɹʌpt/ LL-Q1860 (eng)-Vealhurl-bankrupt.wav /ˈbeɪ̯ŋk.ɹəpt/ /ˈbeɪ̯ŋk.ɹʌpt/

Word forms

bankrupt more bankrupt most bankrupt bankrupts bankrupting bankrupted

Etymology

Partial calque of Italian bancarotta (literally “a broken bench”), from banca (“bank”, literally “bench”) + rotta (“broken, rupted”), which refers to an out-of-business bank, having its bench physically broken, signifying that the working moneylender was insolvent.

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