bankrupt Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “bankrupt” in the English Dictionary

"bankrupt" in British English

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bankruptadjective

uk   /ˈbæŋ.krʌpt/  us   /ˈbæŋ.krʌpt/
C1 unable to pay what you owe, and having had control of your financial matters given, by a law court, to a person who sells your property to pay your debts: He went bankrupt after only a year in business. The recession has led to many small businesses going bankrupt.
informal having no money: I'll go bankrupt if you kids keep asking me for money!
disapproving not having any good qualities: He believes that modern society is morally bankrupt.

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bankruptnoun [C]

uk   /ˈbæŋ.krʌpt/  us   /ˈbæŋ.krʌpt/ specialized
a person who is officially bankrupt: He was declared a bankrupt in 2011.

bankruptverb [T]

uk   /ˈbæŋ.krʌpt/  us   /ˈbæŋ.krʌpt/
to cause someone to become bankrupt: They feared that the loss would bankrupt them.
(Definition of bankrupt from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"bankrupt" in American English

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bankruptadjective

 us   /ˈbæŋ·krəpt/
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
verb [T]  us   /ˈbæŋ·krəpt/
The senator said the president’s plan would bankrupt the country.
(Definition of bankrupt from the Cambridge Academic Content Dictionary © Cambridge University Press)

"bankrupt" in Business English

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bankruptadjective

uk   us   /ˈbæŋkrʌpt/ LAW, FINANCE
unable to pay what you owe, and having control of your financial matters given, by a court of law, to a person who sells your property to pay your debts: be/go bankrupt He went bankrupt after only a year in business.declare sb bankrupt She was officially declared bankrupt last week.

bankruptnoun [C]

uk   us   /ˈbæŋkrʌpt/ LAW, FINANCE
a person who is officially bankrupt: He was declared a bankrupt in 2007.

bankruptverb [T]

uk   us   /ˈbæŋkrʌpt/ LAW, FINANCE
to cause someone to become bankrupt: They feared that the losses they had sustained in the hurricane would bankrupt them.
(Definition of bankrupt from the Cambridge Business English Dictionary © Cambridge University Press)
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“bankrupt” in British English

“bankrupt” in American English

“bankrupt” in Business English

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