(bankrupts, bankrupting, bankrupted)
1.
People or organizations that go bankrupt do not have enough money to pay their debts. (BUSINESS)
If the firm cannot sell its products, it will go bankrupt...
He was declared bankrupt after failing to pay a ?114m loan guarantee.
= insolvent
ADJ
2.
To bankrupt a person or organization means to make them go bankrupt. (BUSINESS)
The move to the market nearly bankrupted the firm and its director...
VERB: V n
3.
A bankrupt is a person who has been declared bankrupt by a court of law. (BUSINESS)
N-COUNT
4.
If you say that something is bankrupt, you are emphasizing that it lacks any value or worth.
He really thinks that European civilisation is morally bankrupt.
ADJ [emphasis]