Bankrupt
['bæŋkrʌpt]
Definition
(noun.) someone who has insufficient assets to cover their debts.
(verb.) reduce to bankruptcy; 'My daughter's fancy wedding is going to break me!'; 'The slump in the financial markets smashed him'.
(adj.) financially ruined; 'a bankrupt company'; 'the company went belly-up' .
Inputed by Abner--From WordNet
Definition
(n.) A trader who secretes himself, or does certain other acts tending to defraud his creditors.
(n.) A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person.
(n.) A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to meet his liabilities.
(a.) Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant.
(a.) Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury.
(a.) Relating to bankrupts and bankruptcy.
(a.) Destitute of, or wholly wanting (something once possessed, or something one should possess).
(v. t.) To make bankrupt; to bring financial ruin upon; to impoverish.
Edited by Jason
Synonyms and Synonymous
a. Insolvent.
n. Insolvent debtor.
Edited by Barton
Definition
n. one who breaks or fails in business; an insolvent person.—adj. insolvent: destitute (with of).—n. Bank′ruptcy the state of being or act of becoming bankrupt.
Typed by Carla
Unserious Contents or Definition
Denotes partial collapse in business, and weakening of the brain faculties. A warning to leave speculations alone.
Checked by Harlan
Examples
- Nature grows old, and shakes in her decaying limbs,--creation has become bankrupt! Mary Shelley. The Last Man.
- If none, we are bankrupt here, and must go abroad, I suppose. Charles Dickens. Our Mutual Friend.
- If, when the bill becomes due, the acceptor does not pay it as soon as it is presented, he becomes from that moment a bankrupt. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- What a bankrupt he'd make, Sir,' observed Mr. Lowten, who was standing near. Charles Dickens. The Pickwick Papers.
- If I did as you wish me to do, I should be bankrupt in a month; and would my bankruptcy put bread into your hungry children's mouths? Charlotte Bronte. Shirley.
- If the collector himself should become bankrupt, the parish which elects him must answer for his conduct to the receiver-general of the election. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- If any true friend and well-wisher could make you a bankrupt, you would be a Duck; but as a man of property you are a Demon! Charles Dickens. Our Mutual Friend.
- But the inventor hung on to his faith in this machine, although no one appeared to buy it, and the expense he had gone to in making it had practically bankrupted him. Rupert S. Holland. Historic Inventions.
- This expenditure bankrupted them, as the machines were not at once remunerative, and parliament refused to grant them pecuniary assistance. William Henry Doolittle. Inventions in the Century.
- O stockbrokers--bankrupts--used to it, you know, Rawdon replied, cutting a fly off the horse's ear. William Makepeace Thackeray. Vanity Fair.
- I shouldn't like to think of poor Regina's spending the rest of her life in some shabby foreign watering-place for bankrupts. Edith Wharton. The Age of Innocence.
- The uncertainty of recovering his money makes the lender exact the same usurious interest which is usually required from bankrupts. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- Though all of them may be very likely to become bankrupts, it is a chance if they all become so in so short a time. Adam Smith. An Inquiry into the Nature and Causes of the Wealth of Nations.
- Oh, wery well, Sir,' replied Sam, 'we shan't be bankrupts, and we shan't make our fort'ns. Charles Dickens. The Pickwick Papers.
Typed by Harley