Meanings
-
1
adj
Unable to pay your debts, and officially declared so by a court.
The company went bankrupt after losing its biggest customer.
-
2
verb
To make a person or company lose all their money.
The failed investment nearly bankrupted the entire family.
-
3
noun
A person who has been officially declared unable to pay their debts.
As a bankrupt, he was not allowed to run a business for several years.
-
4
adj
Completely lacking a good quality you should have.
Voters saw the regime as morally bankrupt.
Thesaurus
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.
View etymology graph ->