bankrupt
word
Definition
If a person or company is bankrupt, they have lost all their money, cannot pay their debts, and are legally recognized as such. It also means lacking something important, like ideas or moral values.
Usage & Nuances
Often used in both business and personal contexts. Common collocations include 'go bankrupt', 'file for bankruptcy', and 'declare bankruptcy'. Can also be used figuratively in phrases like 'morally bankrupt'. Used in formal and informal settings.
Example Sentences
The store closed because it was bankrupt.
basic
They filed for bankrupt status after months of struggling.
natural
After the market crash, dozens of small businesses went bankrupt overnight.
natural
The discussion was so empty, it felt intellectually bankrupt.
natural
The company went bankrupt last year.
basic
He lost all his money and became bankrupt.
basic