bankrupt (english) - meaning, definition, translation, pronunciation

Part of Speech

Adjective / Verb / Noun

Phonetic Transcription

/bæŋkˈrʌpt/

Meaning and Usage

The term "bankrupt" typically refers to a legal status indicating that an individual or organization is unable to repay debts owed to creditors. The term can function as both an adjective (e.g., "the bankrupt company") and a verb (to bankrupt someone).

• Frequency of Use: "Bankrupt" is commonly used in both oral and written contexts, especially in discussions related to finance, business, and law. It is frequently encountered in media reporting on economic conditions or in legal contexts.
• Oral vs. Written Context: It is used relatively evenly in both oral and written forms, though discussions in financial and legal contexts might favor written usage.

Example Sentences

1. The company declared itself bankrupt last month.
   Компания объявила себя банкротом в прошлом месяце.

2. He was afraid that he might go bankrupt if his business failed.
   Он боялся, что может обанкротиться, если его бизнес потерпит неудачу.

3. The lawyer explained the consequences of being declared bankrupt.
   Адвокат объяснил последствия объявления о банкротстве.

Idiomatic Expressions

"Bankrupt" is often used within expressions related to financial matters. Here are some idiomatic examples:

1. Go bankrupt

2. Many businesses go bankrupt during economic recessions.
   Многие компании обанкротились во время экономических рецессий.

3. Bankrupt of ideas

4. After hours of brainstorming, they were bankrupt of ideas.
   После часов мозгового штурма у них не осталось идей.

5. Throw good money after bad (often in the context of a bankrupt venture)

6. It's unwise to throw good money after bad and invest in a bankrupt company.
   Неумно вкладывать хорошие деньги в плохое и инвестировать в обанкротившуюся компанию.

7. Bankrupt of principle

8. The politician was accused of being bankrupt of principle when he switched parties.
   Политика обвинили в безнравственности, когда он сменил партию.

Etymology

The word "bankrupt" comes from the Italian "banco rotto," literally meaning "broken bench," signifying that a banker had failed when his bank was unable to pay debts. This term evolved into Middle English usage as "bancrupt" and was ultimately standardized in modern English.

Synonyms

• Insolvent
• Broke
• Financially troubled
• Impaired

Antonyms

• Solvent
• Profitably
• Wealthy
• Rich