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



BrE BrE//ˈbæŋkrʌpt//
; NAmE NAmE//ˈbæŋkrʌpt//
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(law) a person who has been judged by a court to be unable to pay his or her debts He later became Britain’s biggest bankrupt. 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’.
See the Oxford Advanced American Dictionary entry: bankrupt

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