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bankroet — meaning in English

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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.

Senses

bankroet 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.

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.
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