bankrupt
US /ˈbæŋkˌrʌpt, -rəpt/
・UK /ˈbæŋkrʌpt/
B2
adjective
- Unable to pay debts
- Completely lacking in a specified resource or quality.
- Lacking in moral qualities; morally deficient.
- Declared in law as unable to pay outstanding debts.
- Declared in law as unable to pay outstanding debts.
- Declared in law as unable to pay outstanding debts.
verb
- To cause to not be able to pay debts
other
- To exhaust the resources of.
- To ruin or destroy something.
- To reduce to a state of bankruptcy.
- To reduce to a state of bankruptcy.
- To reduce to a state of bankruptcy.
noun
- A person or organization declared unable to pay their debts.
- A person or organization declared unable to pay their debts.
Examples
Hundreds of firms went bankrupt during the recession.
She had to pay the mortgage after her husband was declared bankrupt.