Definition of bankrupt adjective from the Oxford Advanced Learner's Dictionary



    BrE BrE//ˈbæŋkrʌpt//
    ; NAmE NAmE//ˈbæŋkrʌpt//
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  1. 1without enough money to pay what you owe synonym insolvent They went bankrupt in 2009. The company was declared bankrupt in the High Court. Wordfinderafford, bank, bankrupt, capital, economy, expense, finance, invest, money, profit See related entries: Banking
  2. 2bankrupt (of something) (formal, disapproving) completely lacking in anything that has value a government bankrupt of new ideas a society that is morally bankrupt
  3. Word Originmid 16th cent.: from Italian banca rotta ‘broken bench’, from banca (from medieval Latin banca, bancus, of Germanic origin) and rompere ‘to break’. The change in the ending was due to association with Latin rupt- ‘broken’.Extra examples Hundreds of firms went bankrupt during the recession. She had to pay the mortgage after her husband was declared bankrupt. After the war, Britain was weary and bankrupt. She lost the house after she was made bankrupt. The firm went bankrupt in 2003 and all its assets were sold off.
See the Oxford Advanced American Dictionary entry: bankrupt

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