bankrupt

/ˈbæŋkrʌpt/
noun
  1. A person who is legally declared unable to pay their debts.
    • As a bankrupt, she could not get a loan.
    • The court appointed a trustee to handle the bankrupt's finances.
    • The bankrupt had to sell all his assets.
verb
  1. To cause someone or something to become unable to pay debts.
    • The lawsuit could bankrupt the small business.
    • Poor management bankrupted the once-thriving store.
    • His gambling habit bankrupted his family.
adjective
  1. Legally declared unable to pay debts.
    • Many small businesses became bankrupt during the recession.
    • The company went bankrupt after years of losses.
    • He was declared bankrupt by the court last month.
  2. Completely lacking in a particular quality or value.
    • Her argument was intellectually bankrupt and made no sense.
    • The government's policy is spiritually bankrupt and ignores human needs.
    • The movie was morally bankrupt and full of violence.