bankrupt

n.

  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.

a.

  1. Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant.
  2. Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury.
  3. Relating to bankrupts and bankruptcy.
  4. Destitute of, or wholly wanting (something once possessed, or something one should possess).

v. t.

  1. To make bankrupt; to bring financial ruin upon; to impoverish.