What is the meaning of Bankrupt?

In a condition of bankruptcy; having been legally declared insolvent; unable to pay one's debts.

Destitute of, or wholly lacking something once possessed, or something one should possess.

To force into bankruptcy.

One who becomes unable to pay his or her debts; an insolvent person.

A trader who secretes himself, or does certain other acts tending to defraud his creditors.

Source: wiktionary.org

See also