Definitions of "bankrupt"
  1. A person or entity whose assets are managed by a third party for the advantage of their creditors due to financial difficulties
  2. Detailing a state of complete monetary depletion, posing an inability to fulfill financial obligations or debts
  3. The action of pushing an individual or entity to a state where their financial resources are insufficient to meet their outstanding debts
How to use "bankrupt" in a sentence
  1. Due to her mounting debts and inability to pay off her creditors, she was declared bankrupt.
  2. The company was previously very successful, but a series of poor investments left it completely bankrupt.
  3. After a long period of financial struggle, the high-interest rates forced the small business owner into bankrupt.

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