- Destitute of, or wholly lacking (something once possessed, or something one should possess).
"a morally bankrupt politician"
- Having been legally declared insolvent.
- In a condition of bankruptcy; unable to pay one's debts.
"a bankrupt merchant"
- (Britain, law, obsolete) A trader who secretes himself, or does certain other acts tending to defraud his creditors.
- One who becomes unable to pay his or her debts; an insolvent person.
- (transitive) To force into bankruptcy.