Definition & Meaning of "bankrupt"

to bankrupt

VERB

reduce to bankruptcy

bankrupt

ADJECTIVE

(of organizations or people) legally declared as unable to pay their debts to creditors

Bankrupt

NOUN

someone who has insufficient assets to cover their debts

Example

That nincompoop is going to bankrupt the entire company!

The country's excessive military spending has fouled its own nest by bankrupting the economy and leaving little funds for infrastructure and social programs.

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Definition & Meaning of "bankrupt"

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