Adjective "bankrupt" definition and examples

(Bankrupt may not be an adjective, but it can be used as an adjective, click here to find out.)

Pronunciation

/ˈbaŋkrʌpt/

Definitions and examples

adjective

(of a person or organization) declared in law as unable to pay their debts.
  1. 'Say, if a lawyer is bankrupt, that can be a reason for striking off.'
  2. 'Lawyers are aggressively suing on behalf of bankrupt companies to recoup money paid to creditors'
  3. 'The first provision would permit the trusts created by the bankrupt companies to accrue interest free of tax.'
  4. 'The bankrupt corporations and banks will be wiped out and their debts repaid by taxpayers.'
  5. 'They included unemployed architects and managers as much as bankrupt shopkeepers or workers laid off.'
  6. 'Goldman Sachs is buying a bankrupt owner of 30 courses.'
  7. 'Mr MacFarlane, there is a mention in the book at page 41 where you say that you are bankrupt.'
  8. 'With the latest round of bankrupt airlines, the agency may not be so lucky.'
  9. 'Within ten years, all the defendants were going bankrupt, and it seemed that many sick workers would therefore get nothing or close to nothing.'
  10. 'It said he had met the applicant in 1994 when he was bankrupt and could only operate through a family business with his mother as sole director and himself as consultant.'
  11. 'a bankrupt country with no natural resources'
Completely lacking in a particular good quality.
  1. 'In truth, he was politically bankrupt after 2000, and he is not all that much stronger today.'
  2. 'There's virtue to such curiosity and research, but it could also leave an exhausted writer holding an emotionally bankrupt manuscript in calloused hands.'
  3. 'Because when we're emotionally bankrupt by virtue of having burned ourselves out, then we have nothing to give.'
  4. 'He was a wealthy lawyer from Allenâs law firm, but he was completely bankrupt in backbone.'

noun

A person judged by a court to be insolvent, whose property is taken and disposed of for the benefit of their creditors.
  1. 'Last year only 900 out of 26,500 bankrupts listed the student loan company as a creditor.'
  2. 'The law permits bankrupts to sue for libel and keep any money awarded from such suits.'
  3. 'We do offer business current accounts, without borrowing to all customers (apart from undischarged bankrupts and where there is evidence of deliberate fraud) irrespective of their credit standing.'
  4. 'A system of income payment agreements aims to make it easier for bankrupts to make payments to creditors and bankruptcy restriction orders cover a variety of conduct.'
  5. 'Can the Commonwealth detain bankrupts for the purpose of examining them, on the basis that some bankrupts are likely to flee before examination?'
  6. 'But the law accepted that business failure was understandable rather than culpable, and offered generous terms to bankrupts to pay off part of their debts before returning as active risk-takers.'
  7. 'The reason for the foregoing restraint on bankrupts ' pursuing claims in relation to their property which they owned before a sequestration order is well explained in the cases.'
  8. 'Two-thirds of recent bankrupts have gone down this route whereas, in the past, most people were forced into bankruptcy by their creditors.'
  9. 'Irate creditors regularly secured the imprisonment of bankrupts, including the ‘honest’ ones who simply had suffered commercial reverses.'
  10. 'Currently, bankrupts aren't usually discharged for three years but from next April, this will be cut to a maximum of a year.'

verb

Reduce (a person or organization) to bankruptcy.
  1. 'It would have ended up bankrupting us because we would not be able to afford it.'
  2. 'Legal costs for the case had bankrupted the family and Bilal had travelled to the West, through Iran and Turkey, to earn some money.'
  3. 'They bought the bus, practically bankrupting the group's leader, painted it purple… then ditched the plan.'
  4. 'Thank God for digital cameras, or the film processing alone would've bankrupted us.'
  5. 'The flip side to that, however, is that it also nearly bankrupted us in the process.'
  6. 'The book also supplied Twain with enough money to invest in the printing-machine venture that eventually bankrupted him.'
  7. '‘They did shut the Wysick before and it nearly bankrupted him,’ he said.'
  8. 'With just four patrons a day - a good day - Bonaparte's is three months away from bankrupting its owner.'
  9. 'My brother had radical surgery and a long course of treatment some years back that would have bankrupted a lord.'
  10. 'I wasn't heckled, I wasn't jeered, but my wife and I did have to hustle out of there quickly so we could stop the babysitter's clock from bankrupting us.'

More definitions

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 administered for and divided among his or her creditors under a bankruptcy law.

2. any insolvent debtor; a person unable to satisfy any just claims made upon him or her.

3. a person who is lacking in a particular thing or quality: a moral bankrupt. adjective

4. Law. subject to or under legal process because of insolvency; insolvent.

5. at the end of

More examples(as adjective)

"consumers can be bankrupt in months."

"banks can be bankrupt on bases."

"totals can be bankrupt in dates."

"thousandses can be bankrupt in ways."

"somes can be bankrupt because of delays."

More examples++

Origin

Mid 16th century: from Italian banca rotta ‘broken bench’, from banca (see bank) and rompere ‘to break’. The change in the ending was due to association with Latin rupt- ‘broken’.