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bankrupt

bankrupt

156 4.2
Not able to pay debts
  • adjective
  • /ˈbæŋkrʌpt/
: insolvente
  • After investing in a risky venture, the once-thriving business was declared bankrupt and closed its doors.
  • go bankrupt
  • declared bankrupt
  • bankrupt firms

Medical debt is responsible for more people being financially bankrupt than just about anything else at this point.

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Examples

  • Most of the ranchers went bankrupt, and they set thousands of birds free.

    Fiction book (2000)
  • By 1988, the economy was as bankrupt and exhausted as the theory of reform economics.

    Academic text (1991)
  • Besides, did you go bankrupt or something?

  • Her father explained that Ed had owned a company in Chicago that went bankrupt three years before.

    Fiction book (1991)
  • I'll be bankrupt in a week.

  • Medical debt is responsible for more people being financially bankrupt than just about anything else at this point.

  • Hotels were empty, firms were going bankrupt, and tourists were absent.

    Academic text (2000)
  • The estate was bankrupt.

  • I'm bankrupt.

  • The millennials are bankrupt with student loan debt, and they keep printing more money, raising taxes, which makes it almost impossible for you guys to get ahead.

Synonyms

broke
vsbankrupt
  • Informal
336 1.8

Having no money

carries legal or formal insolvency meaning beyond temporary cash shortage
penniless
vsbankrupt
25 4.3

Having no money

implies a legal state of inability to pay debts rather than general poverty
bust
vsbankrupt
  • Informal
23 5.4

Having no money to spend

is the formal legal status used to confirm such financial ruin
insolvent
vsbankrupt
  • Specialized
17 7.7

Unable to pay debts because they have too little money or assets

is a formal legal declaration of that financial inability
belly-up
vsbankrupt
  • Informal
5 7.1

A company or shop that is not operating because it has no money

applies broadly to people or organizations, not only businesses
wiped out
vsbankrupt
  • Informal
4 7.1

A person who has lost all their money and savings

is the formal legal declaration rather than just personal loss

Antonyms

613 2.5

Having a lot of money and many expensive things

17 5.5

Having enough money to pay debts and bills

Compounds

A person, group, or action that does not care about right and wrong

How Solvent

solvent
17 5.5
bankrupt
156 4.2
insolvent
  • Specialized
17 7.7
penniless
25 4.3

Surface Forms

bankrupt positive

Etymology

Bankrupt comes from old words bank 'bench' and rupt 'broken', which gives the image of being 'financially broken'. That's why when someone is bankrupt they are 'unable to pay' their debts.