bank·rupt
ˈbaŋk-(ˌ)rəpt
1
a
: a debtor (such as an individual or an organization) whose property is subject to voluntary or involuntary administration under the bankruptcy laws for the benefit of the debtor's creditors
b
: a person who becomes insolvent
2
: a person who is completely lacking in a particular desirable quality or attribute
a moral bankrupt
1
a
: reduced to a state of financial ruin : impoverished
specifically
: legally declared bankrupt
the company went bankrupt
b
: of or relating to bankrupts or bankruptcy
bankrupt laws
bankrupted; bankrupting; bankrupts
1
: to reduce to bankruptcy
2
: impoverish
defections had bankrupted the party of its brainpower
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Merriam-Webster unabridged
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