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to bankrupt
01
to cause a person or organization to become legally unable to pay debts
Examples
Poor sales bankrupted the family business within a year.
Overspending on the project bankrupted the startup.
bankrupt
01
(of organizations or people) legally declared as unable to pay their debts to creditors
Examples
After years of financial mismanagement, the business went bankrupt.
The investor lost everything when the brokerage firm went bankrupt.
Bankrupt
01
a person or organization that has been legally declared unable to pay their debts
Examples
After the failed business venture, he was declared a bankrupt.
The court ordered the sale of assets to pay off the bankrupt's creditors.
