bankrupt

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

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.

Origin of bankrupt

1525–35; < Medieval Latin banca rupta bank broken; replacing adaptations of Italian banca rota and French banqueroute in same sense

OTHER WORDS FROM bankrupt

pseu·do·bank·rupt, adjective qua·si-bank·rupt, adjective

Example sentences 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