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Definition of bankrupt:

  1. 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.
  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 trader who secretes himself, or does certain other acts tending to defraud his creditors.
  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. Destitute of, or wholly wanting ( something once possessed, or something one should possess).
  7. Relating to bankrupts and bankruptcy.
  8. To make bankrupt; to bring financial ruin upon; to impoverish.


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