[ˈbaŋkrʌpt], (Adjective)

Definitions:
- (of a person or organization) declared in law as unable to pay their debts
(e.g: his father went bankrupt and the family had to sell their home)

- completely lacking in a particular good quality
(e.g: their cause is morally bankrupt)


Phrases:

Origin:
mid 16th century: from Italian banca rotta ‘broken bench’, from banca (see bank) and rompere ‘to break’. The change in the ending was due to association with Latin rupt- ‘broken’

[ˈbaŋkrʌpt], (Noun)

Definitions:
- a person judged by a court to be insolvent, whose property is taken and disposed of for the benefit of their creditors


Phrases:

Origin:
mid 16th century: from Italian banca rotta ‘broken bench’, from banca (see bank) and rompere ‘to break’. The change in the ending was due to association with Latin rupt- ‘broken’

[ˈbaŋkrʌpt], (Verb)

Definitions:
- reduce (a person or organization) to bankruptcy
(e.g: the strike nearly bankrupted the union)


Phrases:

Origin:
mid 16th century: from Italian banca rotta ‘broken bench’, from banca (see bank) and rompere ‘to break’. The change in the ending was due to association with Latin rupt- ‘broken’