Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- n. Law A debtor that, upon voluntary petition or one invoked by the debtor's creditors, is judged legally insolvent. The debtor's remaining property is then administered for the creditors or is distributed among them.
- n. A person who is totally lacking in a specified resource or quality: an intellectual bankrupt.
- adj. Having been legally declared financially insolvent.
- adj. Financially ruined; impoverished.
- adj. Depleted of valuable qualities or characteristics: a morally and ethically bankrupt politician.
- adj. Totally depleted; destitute: was bankrupt of new ideas.
- adj. Being in a ruined state: a bankrupt foreign policy.
- v. To cause to become financially bankrupt.
- v. To ruin: an administration that bankrupted its credibility by seeking to manipulate the news.
Century Dictionary and Cyclopedia
- n. The breaking up of a trader's business due to his inability to meet his obligations; bankruptcy.
- n. An insolvent person whose property is administered for, and distributed among, his creditors in accordance with the provisions of a system of laws called bankrupt, bankruptcy, or insolvent laws. See
bankruptcy . In particular— In old law, a trader who secretes himself, or does certain other acts tending to defraud his creditors.Blackstone. - n. In popular language, a hopelessly insolvent person; one who is notoriously unable to pay his debts; hence, one who is unable to satisfy just claims of any kind made upon him.
- In the state of one who has committed an act of bankruptcy, or is insolvent; subject to or under legal process because of insolvency.
- Unable to pay just debts, or to meet one's obligations; insolvent.
- Figuratively, at the end of one's resources: as, to be bankrupt in thanks.
- To make insolvent; render unable to meet just claims.
- To reduce to beggary; exhaust the resources of.
- To become bankrupt; fail or become insolvent.
Wiktionary
- adj. having been legally declared insolvent.
- v. transitive To force into bankruptcy.
GNU Webster's 1913
- n. (Old Eng. Law) A trader who secretes himself, or does certain other acts tending to defraud his creditors.
- n. 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.
- n. (Law) 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.
- adj. Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts.
- adj. Depleted of money; not having the means of meeting pecuniary liabilities.
- adj. Relating to bankrupts and bankruptcy.
- adj. Destitute of, or wholly wanting (something once possessed, or something one should possess).
- v. To make bankrupt; to bring financial ruin upon; to impoverish.
WordNet 3.0
- n. someone who has insufficient assets to cover their debts
- adj. financially ruined
- v. reduce to bankruptcy
Etymologies
- From Italian banca rotta, which refers to an out-of-business bank, having its bench physically broken. When a moneylender in Northern Italy would become insolvent, they would break the bench they worked from to signify that they were no longer in business. (Wiktionary)
- French banqueroute, from Italian banca rotta, broken counter (from the practice of breaking the counters of bankrupt bankers) : banca, moneychanger's table; see banco + rotta, past participle of rompere, to break (from Latin rumpere. (American Heritage® Dictionary of the English Language, Fourth Edition)
Examples
“As this practice was very frequent in Italy, it is said the term bankrupt is derived from the Italian _banco_ rotto, broken bench.”
The Mirror of Literature, Amusement, and Instruction Volume 12, No. 346, December 13, 1828
“Mugabe's ruling ZANU-PF party which he described as bankrupt of new ideas and unfit to rule.”
“I think you're misunderstanding the word 'bankrupt,'" Romney replied.”
“Right now, down the drain bankrupt sounds like a great plan for the major music labels because of their past actions.”
“A small bank going bankrupt is just a small problem.”
“Ho9w can it be when you can literally become bankrupt from a broken finger.”
“The state will go bankrupt from the lawsuits of those that were profiled because they "looked illegal".”
“She is doing such a great job in bankrupt California that people should listen to her ...”
“Ironically, Mike Griffin possesses the knowledge required, but with an arrogance and lack political savvy that has left us equally bankrupt from a leadership point of view.”
Lists
These user-created lists contain the word ‘bankrupt’.
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Dramatic Nouns
Nouns to be used as descriptions while writing stories
night owl, early bird, hedonist, ascetic, derelict, explorer, radical, pity friend, cupid, truant, caretaker, guardian and 120 more...
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JURI - courtroom speak
Legal glossary with special focus on courtroom vocabulary
accused, acquittal, ADA, adjournment, adjudication, affidavit, affirmed, aggravated range, aggravating factors, allegation, alleged, answer and 794 more...
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upt
abrupt, corrupt, disrupt, erupt, re-upped, bankrupt, rupture, voluptuous, nuptials, uptake, uptick, uptown and 15 more...
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Papageno's Words, Pt. I
hobbledehoy, absquatulate, chthonic, prolix, ululate, internecine, verisimilitude, animadversion, concupiscence, vertiginous, cucullate, lucubrate and 1554 more...
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Words of the Day
glabella, chirotony, nook-shotten, crapehanger, filemot, swirlie, egosurf, lexiphanicism, Ruritanian, stichometry, chrononaut, faldstool and 2050 more...
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me + student loans =
You know that feeling when you open your wallet and all you can find inside are ATM receipts?
When being a squatter is the least of your worries and that thing called dignity is shove...destitution, beggary, impecuniosity, indigence, mendicancy, poor, impoverishment, pauperism, pennilessness, penuriousness, penury, poverty and 168 more...
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May8CV
innovative, innovator, piss off, regularity, particularly, dynamics, incumbent, entrepreneur, aware, successful, onslaught, vaunted and 10 more...
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