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
"organiserses can be bankrupted."
"thousandses can be bankrupted."
"debts can be bankrupted."
"contractors can be bankrupted."
"brokerhouses can be bankrupted."
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