Meaning Of The Word Bankrupt

Real Dictionary

What's the definition of Bankrupt? Find Bankrupt meanings, definitions and more at the Real Dictionary online.

Bankrupt Meaning

Bankrupt Definition
Bankrupt Definition

What's The Definition Of Bankrupt?

bankrupt
adjective: People or organizations that go bankrupt do not have enough money to pay their debts.

bankrupt in American English
a person legally declared unable to pay his or her debts: the property of a bankrupt is administered for the benefit of his or her creditors and divided among them
adjective: subject to or under legal process because of insolvency; insolvent
noun: 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
transitive verb: to make bankrupt

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