Meaning of “bust” - Learner’s Dictionary

bust

adjective uk us /bʌst/
go bust

If a business goes bust, it stops trading because it does not have enough money:

His company went bust, leaving huge debts.

UK informal (US busted, us US  /ˈbʌstɪd/) broken:

My phone's bust - can I use yours?

(Definition of “bust adjective” from the Cambridge Learner’s Dictionary © Cambridge University Press)