[bangk-ruhpt, -ruh
pt] 
| 1. | Law. a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court and whose property is administered for and divided among his or her creditors under a bankruptcy law. |
| 2. | any insolvent debtor; a person unable to satisfy any just claims made upon him or her. |
| 3. | a person who is lacking in a particular thing or quality: a moral bankrupt. |
| 4. | Law. subject to or under legal process because of insolvency; insolvent. |
| 5. | at the end of one's resources; lacking (usually fol. by of or in): bankrupt of compassion; bankrupt in good manners. |
| 6. | pertaining to bankrupts or bankruptcy. |
| 7. | to make bankrupt: His embezzlement bankrupted the company. |
| bank·rupt (bāngk'rŭpt', -rəpt) n.
[French banqueroute, from Italian banca rotta, broken counter (from the practice of breaking the counters of bankrupt bankers) : banca, moneychanger's table; see banco + rotta, past participle of rompere, to break (from Latin rumpere; see reup- in Indo-European roots).] bank'rupt·cy (-rəpt-sē, -rəp-sē) n., bank·rup'tive adj. |