26984 words

bankrupt

10 definitions • 11 examples
1
unable to pay what you owe, and having had control of your financial matters given, by a law court, to a person who sells your property to pay your debts:

Examples:

He went bankrupt after only a year in business.
The recession has led to many small businesses going bankrupt.
2
having no money:

Examples:

I'll go bankrupt if you kids keep asking me for money!
3
not having any good qualities:

Examples:

He believes that modern society is morally bankrupt.
4
a person who is officially bankrupt:

Examples:

He was declared a bankrupt in 2011.
5
to cause someone to become bankrupt:

Examples:

They feared that the loss would bankrupt them.
6
without enough money to pay your debts:

Examples:

If I don’t find a job, I’ll be bankrupt in two months.
7
law When a company or person is bankrupt, a court of law gives control of the finances to someone who will arrange to pay as much as possible of what is owed.
8
unable to pay what you owe, and having control of your financial matters given, by a court of law, to a person who sells your property to pay your debts:

Examples:

be/go bankrupt He went bankrupt after only a year in business.
declare sb bankrupt She was officially declared bankrupt last week.
9
a person who is officially bankrupt:

Examples:

He was declared a bankrupt in 2007.
10
to cause someone to become bankrupt:

Examples:

They feared that the losses they had sustained in the hurricane would bankrupt them.

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