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bankrupt — unable to pay debts; completely lacking in a particular quality

Part of speech: ADJECTIVE

Definition: unable to pay debts; completely lacking in a particular quality

Pronunciation (IPA): /ˈbæŋkrʌpt/

Example Sentences

  • After buying 100 lottery tickets every day, Jim went bankrupt faster than a melting ice cream.
  • The restaurant was financially bankrupt but rich in terrible reviews.
  • Many small businesses went bankrupt during the economic crisis.

bankrupt

ADJECTIVE

[/ˈbæŋkrʌpt/]

unable to pay debts; completely lacking in a particular quality

He built it for twenty years — going bankrupt took it in twenty days.
💡 Concept

He built it for twenty years — going bankrupt took it in twenty days.

See the bankrupt — going bankrupt is plain to see.
🧠 Mnemonic

See the bankrupt — going bankrupt is plain to see.

Going bankrupt hits abrupt — no warning, no way to interrupt.
🎵 Rhyme

Going bankrupt hits abrupt — no warning, no way to interrupt.

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🎤Pronunciation

🇺🇸 US/ˈbæŋkrʌpt/
🇬🇧 UK/ˈbæŋkrʌpt/

🌳Etymology

Rootbankrupt

Origin

The word originates from 16th-century Italian merchant terminology. When merchants became insolvent, they would physically break their trading table (banco) as a public sign that they could no longer conduct business, giving rise to the term bancorotto, which evolved into the English 'bankrupt'.

Breakdown

banco (bench, trading table) + rotto (broken) = bancorotto, literally 'broken bench,' referring to the practice of destroying a merchant's table to signify financial failure.

🎵Rhyme

corrupt
abrupt
erupt

🔗Collocations

go bankrupt
declare bankruptcy
morally bankrupt
bankrupt company
file for bankruptcy
bankrupt estate

📝Examples

😄 Fun example

“After buying 100 lottery tickets every day, Jim went bankrupt faster than a melting ice cream.”

😄 Fun example

“The restaurant was financially bankrupt but rich in terrible reviews.”

“Many small businesses went bankrupt during the economic crisis.”

“His ideas were intellectually bankrupt and offered no real solutions.”

📚Related Words

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