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банкрут — meaning in English

bankrut

Bulgarian → English · translate English → Bulgarian instead

English meaning

  • bankrupt adj Legally unable to pay one's debts.
  • bankruptcy noun The legally recognized state of being unable to pay one's debts.
  • insolvency noun The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay their debts as they fall due, or in the usual course of trade and business.

Senses

банкрут is used for these senses in English:

  • bankrupt (finance, of a person, company, etc.) In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent. [from 1565]
  • bankruptcy (finance, law) A legally declared or recognized condition of insolvency of a person or organization.
  • insolvency (finance) The condition of being insolvent; the state or condition of a person who is insolvent; the condition of one who is unable to pay their debts as they fall due, or in the usual course of trade and business.

bankrupt — full definition

  1. adj Legally unable to pay one's debts.
  2. verb To cause someone or something to run out of money entirely.

Related Bulgarian words