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bankrupt

Pronunciation: /ˈbæŋk.ɹəpt/

The English word “bankrupt” has 6 meanings listed here.

adjective

  1. In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.
  2. Destitute of, or wholly lacking a good quality, value, etc. one should possess or once possessed.

verb

  1. To force into bankruptcy.
  2. to get placed last in Tycoon with the bankruptcy rule

noun

  1. One who becomes unable to pay his or her debts; an insolvent person; a bankruptee.
  2. A trader who secretes himself, or does certain other acts tending to defraud his creditors.

Etymology

Partial calque of Italian bancarotta (literally “a broken bench”), from banca (“bank”, literally “bench”) + rotta (“broken, rupted”), which refers to an out-of-business bank, having its bench physically broken, signifying that the working moneylender was insolvent.

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