bankrupt

  • 1 bankrupt — bank·rupt 1 / baŋ ˌkrəpt/ n: a debtor (as an individual or organization) whose property is subject to administration under the bankruptcy laws for the benefit of the debtor s creditors was adjudicated a bankrupt see also debtor bankrupt 2 adj:… …

    Law dictionary

  • 2 bankrupt — [baŋk′rupt΄, baŋk′rəpt] n. [Fr banqueroute < It banca rotta < banca, bench (see BANK1) + rotta, broken < L rupta, fem. pp. of rumpere, to break: see RUPTURE] 1. a person legally declared unable to pay his or her debts: the property of a… …

    English World dictionary

  • 3 Bankrupt — Bank rupt, a. 1. Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one s debts; as, a bankrupt merchant. [1913 Webster] 2. Depleted of money; not having the means of meeting pecuniary liabilities; …

    The Collaborative International Dictionary of English

  • 4 Bankrupt — Bank rupt, n. [F. banqueroute, fr. It. bancarotta bankruptcy; banca bank (fr. OHG. banch, G. bank, bench) + rotta broken, fr. L. ruptus, p. p. of rumpere to break. At Florence, it is said, the bankrupt had his bench (i.e., money table) broken.… …

    The Collaborative International Dictionary of English

  • 5 bankrupt — ► ADJECTIVE 1) declared in law unable to pay one s debts. 2) completely lacking in a particular good quality or value: morally bankrupt. ► NOUN ▪ a person legally declared as bankrupt. ► VERB ▪ reduce to a bankrupt state. DERIVATIVES …

    English terms dictionary

  • 6 Bankrupt — Bank rupt, v. t. [imp. & p. p. {Bankrupted}; p. pr. & vb. n. {Bankrupting}.] To make bankrupt; to bring financial ruin upon; to impoverish. [1913 Webster] …

    The Collaborative International Dictionary of English

  • 7 bankrupt — 1530s (n., bankrupt person ); 1560s (adj.), from It. banca rotta, lit. a broken bench, from banca moneylender s shop, lit. bench (see BANK (Cf. bank) (1)) + rotta broken, defeated, interrupted from (and remodeled on) L. rupta, fem. pp. of rumpere …

    Etymology dictionary

  • 8 bankrupt — the entity that files a bankruptcy; the debtor; the insolvent entity. This is a non technical term and is not used in the Bankruptcy Code (Glossary of Common Bankruptcy Terms) A person who has made an assignment or against whom a receiving order… …

    Glossary of Bankruptcy

  • 9 bankrupt — vb impoverish, exhaust, *deplete, drain Analogous words: denude, *strip, bare: sap, cripple, disable, undermine (see WEAKEN) …

    New Dictionary of Synonyms

  • 10 bankrupt — [adj] unable to pay debts broke, depleted, destitute, exhausted, failed, impoverished, in Chapter 11*, insolvent, lacking, lost, out of business, ruined, spent, tapped out; concept 334 Ant. rich, solvent, wealthy …

    New thesaurus

  • 11 bankrupt — a debtor, who has volunteered or been forced to appear before a Bankruptcy Court and has been judged insolvent, because s/he has insufficient assets to meet the demands of all creditors. Glossary of Business Terms * * * ▪ I. bankrupt bank‧rupt 1… …

    Financial and business terms

  • 12 bankrupt — I UK [ˈbæŋkrʌpt] / US [ˈbæŋkˌrʌpt] adjective * 1) a) a person or business that is bankrupt has officially admitted that they have no money and cannot pay what they owe bankrupt farmers go bankrupt: Many of the companies that they had invested in… …

    English dictionary

  • 13 bankrupt — bank|rupt1 [ˈbæŋkrʌpt] adj 1.) without enough money to pay what you owe = ↑insolvent ▪ The firm went bankrupt before the building work was completed. ▪ In 1977 he was declared bankrupt (=by a court) . ▪ Mr Trent lost his house when he was made… …

    Dictionary of contemporary English

  • 14 bankrupt — bank|rupt1 [ bæŋk,rʌpt ] adjective * 1. ) a person or business that is bankrupt has officially admitted that they have no money and cannot pay what they owe: bankrupt farmers go bankrupt: Many of the companies that they had invested in went… …

    Usage of the words and phrases in modern English

  • 15 bankrupt — [[t]bæ̱ŋkrʌpt[/t]] bankrupts, bankrupting, bankrupted 1) ADJ People or organizations that go bankrupt do not have enough money to pay their debts. If the firm cannot sell its products, it will go bankrupt... He was declared bankrupt after failing …

    English dictionary

  • 16 bankrupt — I. noun Etymology: modification of Middle French & Old Italian; Middle French banqueroute bankruptcy, from Old Italian bancarotta, from banca bank + rotta broken, from Latin rupta, feminine of ruptus, past participle of rumpere to break more at… …

    New Collegiate Dictionary

  • 17 bankrupt — 01. His company went [bankrupt] because they couldn t keep up with the changing market. 02. She lost $5,000 in tuition when the private language school she was attending went [bankrupt]. 03. The company s [bankruptcy] was due to its inability to… …

    Grammatical examples in English

  • 18 bankrupt — /ˈbæŋkrʌpt / (say bangkrupt) noun 1. Law a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court, and whose property is therefore to be administered by a trustee for the benefit of the creditors… …

    Australian English dictionary

  • 19 bankrupt — 1 adjective 1 unable to pay your debts: Seventeen years of war left the country bankrupt. 2 go bankrupt to be unable to pay your debts and to have to sell your property and goods: The recession has made many small companies go bankrupt. 3… …

    Longman dictionary of contemporary English

  • 20 bankrupt — [ˈbæŋkrʌpt] adj I a person or business that is bankrupt has officially admitted that they have no money and cannot pay what they owe Syn: insolvent II noun [C] bankrupt [ˈbæŋkrʌpt] someone who is officially bankrupt III verb [T] bankrupt… …

    Dictionary for writing and speaking English