χρεωκοπημένος — meaning in English

English meaning

• bankrupt adj Legally unable to pay one's debts.
• insolvent adj Unable to pay one's bills as they fall due.

Senses

χρεωκοπημένος 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]
• insolvent Unable to pay one's bills as they fall due.

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.

insolvent — full definition

1. adj Unable to pay one's bills as they fall due.
2. adj Owing more than one has in assets.
3. adj Not sufficient to pay all the debts of the owner.