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