Home / Dictionary / Meaning of bankrupt

Bankrupt

/bˈæŋkrəpt/
B2
Listen pronunciation

(adj) In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.

We were financially troubled, in short, we were bankrupt.
The company went bankrupt.
CEFR Practice Quiz
The small company went ____ after losing its biggest customer today.

Expand Your Vocabulary with LexUp

Master English words using smart flashcards, play exciting word rounds, and compete with other learners worldwide.