bankrupt
noun, adjective

(a person) who has been declared by a court not to be capable of paying his or her debts and whose affairs are put into the hands of a receiver

Examples
  • a bankrupt property developer

  • She was adjudicated or declared bankrupt.

  • He went bankrupt after two years in business.

verb

to make someone become bankrupt

Example

The recession bankrupted my father.

Browse by Subjects
undischarged bankrupt
bankruptcy proceedings
certificated bankrupt
reorganisation
bankruptcy petition
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