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bankrupt

English → English

adj//ˈbæŋkrʌpt//

(finance) Bankrupt: legally declared unable to pay outstanding debts

The retail giant went bankrupt after failing to compete with the rise of online shopping platforms.

(English) The retail giant went bankrupt after failing to compete with the rise of online shopping platforms.

If the company cannot pay its creditors by Friday, the court will declare it bankrupt.

(English) If the company cannot pay its creditors by Friday, the court will declare it bankrupt.

adj//ˈbæŋkrʌpt//

(figurative) Bankrupt: completely lacking in a particular quality, especially morals or ideas

The corrupt politician was described as being morally bankrupt for accepting bribes from the corporation.

(English) The corrupt politician was described as being morally bankrupt for accepting bribes from the corporation.

The critic argued that the movie was intellectually bankrupt, relying on explosions instead of a plot.

(English) The critic argued that the movie was intellectually bankrupt, relying on explosions instead of a plot.

Entry ID: en:en:bankrupt · Source: refined · Type: vocabulary