Pronounce Bankrupt as B AH N K R UW P T.
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declared in law unable to pay debts owed; financially ruined
bankrupt, insolvent(adj)someone who has insufficient assets to cover their debts
bankrupt, belly-up(p)(verb)financially ruined
"a bankrupt company"; "the company went belly-up"
bankrupt, ruin, break, smash(verb)reduce to bankruptcy
"My daughter's fancy wedding is going to break me!"; "The slump in the financial markets smashed him"
utterly lacking in something needed, wanted, or expectedthe company's product development team was bankrupt of ideas
to cause to lose one's fortune and become unable to pay one's debtsseveral bad investments bankrupted him
He sent me a letter to the effect that his poultry farm would go bankrupt sooner or later.
Tom won the lottery, but went bankrupt a year later.