Definition Definition

Bankrupt - Meaning and Examples

Meaning of 'Bankrupt' (Webster Dictionary)

1 . Bankrupt [ a.]
- Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant.
- Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury.
- Relating to bankrupts and bankruptcy.
- Destitute of, or wholly wanting (something once possessed, or something one should possess).
2 . Bankrupt [ n.]
- A trader who secretes himself, or does certain other acts tending to defraud his creditors.
- A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person.
- A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to meet his liabilities.
3 . Bankrupt [ v. t.]
- To make bankrupt; to bring financial ruin upon; to impoverish.

Meaning of 'Bankrupt' (Princeton's WordNet)

1 . bankrupt [ v]
Meaning (1):
- reduce to bankruptcy
Example in sentence:
  • My daughter's fancy wedding is going to break me!;
  • The slump in the financial markets smashed him
2 . bankrupt [ s]
Meaning (2):
- financially ruined
Example in sentence:
  • a bankrupt company;
  • the company went belly-up