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Definition of Bankrupt

Bankrupt

  1. A trader who secretes himself, or does certain other acts tending to defraud his creditors.
  2. A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person.
  3. A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to meet his liabilities.
  4. Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant.
  5. Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury.
  6. Relating to bankrupts and bankruptcy.
  7. Destitute of, or wholly wanting (something once possessed, or something one should possess).
  8. To make bankrupt; to bring financial ruin upon; to impoverish.

Bankrupt Quotations

We will bankrupt ourselves in the vain search for absolute security.
Dwight D. Eisenhower

The American people I talk to don't spend every moment thinking, 'How can I tax my neighbor more than they're being taxed?' They say, 'How can I get a good job? How can my kids get good jobs? How can seniors have a confidence in their future when they know that Social Security, Medicare and Medicaid are bankrupt?'
Mitt Romney

Now, people when I say that look at me and say, 'What are you talking about, Joe? You're telling me we have to go spend money to keep from going bankrupt?'. The answer is yes, that's what I'm telling you.
Joe Biden

One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.
Lee Iacocca

The war on drugs is wrong, both tactically and morally. It assumes that people are too stupid, too reckless, and too irresponsible to decide whether and under what conditions to consume drugs. The war on drugs is morally bankrupt.
Larry Elder
More "Bankrupt" Quotations

Bankrupt Translations

bankrupt in Afrikaans is bankrot
bankrupt in Dutch is bankroet
bankrupt in French is banqueroute
bankrupt in German is Bankrotteur, bankrott, in Konkurs gehen
bankrupt in Italian is fallimento
bankrupt in Latin is decoctor
bankrupt in Portuguese is falido
bankrupt in Spanish is falencia
bankrupt in Swedish is bankrutt

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