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Definition of “bankrupt” - English Dictionary

"bankrupt" in American English

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bankruptadjective

 us   /ˈbæŋ·krəpt/
without enough ​money to ​payyourdebts: 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 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 ​yourfinancialmatters given, by a ​lawcourt, to a ​person who ​sellsyourproperty to ​payyourdebts: He went bankrupt after only a ​year in ​business. The ​recession has ​led to many ​smallbusinesses going bankrupt.
informal having no ​money: I'll go bankrupt if you ​kidskeepasking me for ​money!
disapproving not having any good ​qualities: He ​believes that ​modernsociety 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 Learners Dictionary & Thesaurus © 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 ​officiallydeclared 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 Business English

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