Looking for the meaning of the word BANKRUPT in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of BANKRUPT with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Bankrupt
Speech Type: Adjective
mid 16th century: from Italian banca rotta ‘broken bench’, from banca (see bank) and rompere ‘to break’. The change in the ending was due to association with Latin rupt- ‘broken’
ˈbaŋkrʌpt
(of a person or organization) declared in law as unable to pay their debts
Short Definition:declared as unable to pay debts
Examples:- his father went bankrupt and the family had to sell their home
completely lacking in a particular good quality
Short Definition:lacking in good quality
Examples:- their cause is morally bankrupt
Word: Bankrupt
Speech Type: Noun
ˈbaŋkrʌpt
a person judged by a court to be insolvent, whose property is taken and disposed of for the benefit of their creditors.
Short Definition:person judged by court as bankrupt
Word: Bankrupt
Speech Type: Verb
ˈbaŋkrʌpt
reduce (a person or organization) to bankruptcy
Short Definition:make person or organization bankrupt
Examples:- the strike nearly bankrupted the union
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