adj.
- declared in law unable to pay one's debts.
- completely lacking in a particular good quality or value:
the cause is morally bankrupt.
n.
a person judged by a court to be bankrupt.
v.
reduce to a bankrupt state.
Derivative
- bankruptcy n.
(pl. bankruptcies)
.
Etymology
C16: from Ital. banca rotta ‘broken bench’.