Definition of "bankrupt" in English

adjective

1. (finance, of a person, company, etc.) In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.

   • a bankrupt merchant

2. (figurative) Destitute of, or wholly lacking a good quality, value, etc. one should possess or once possessed.

   • a morally bankrupt politician

verb

1. (transitive) To force into bankruptcy.

2. (card games) to get placed last in Tycoon with the bankruptcy rule

noun

1. One who becomes unable to pay his or her debts; an insolvent person; a bankruptee.

2. (UK, law, obsolete) A trader who secretes himself, or does certain other acts tending to defraud his creditors.