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Meaning & Definition of Bankrupt in English

English

Bankrupt

/bæŋkrəpt/

noun

1. Someone who has insufficient assets to cover their debts

    synonym:
  • bankrupt
  • ,
  • insolvent

verb

1. Reduce to bankruptcy

  • "My daughter's fancy wedding is going to break me!"
  • "The slump in the financial markets smashed him"
    synonym:
  • bankrupt
  • ,
  • ruin
  • ,
  • break
  • ,
  • smash

adjective

1. Financially ruined

  • "A bankrupt company"
  • "The company went belly-up"
    synonym:
  • bankrupt
  • ,
  • belly-up(p)

Examples of using

The company's going to go bankrupt really soon.
This plan will bankrupt the economy of our town.
Having fallen victim to increased competition, the company went bankrupt.