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bankrupt

adjective
 
 /ˈbæŋ·krəpt/

Definition

without enough money to pay your debts: If I don’t find a job, I’ll be bankrupt in two months. law When a company or person is bankrupt, a court of law gives control of the finances to someone who will arrange to pay as much as possible of what is owed. bankrupt
 
 /ˈbæŋ·krəpt/ verb [T]
The senator said the president’s plan would bankrupt the country.
(Definition of bankrupt adjective from the Cambridge Academic Content Dictionary © Cambridge University Press)
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