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bankrupt

/ˈbæŋk.ɹəpt/ noun

noun Definition from WordNet 3.1, Princeton University. Pronunciation from Wiktionary, via Kaikki.org. More about bankrupt at Wordnik → Where our words come from →

  1. Someone who has insufficient assets to cover their debts.

verb

  1. Reduce to bankruptcy.
    My daughter's fancy wedding is going to break me!

adjective

  1. Financially ruined.
    a bankrupt company

Origin

Partial calque of Italian bancarotta (literally “a broken bench”), from banca (“bank”, literally “bench”) + rotta (“broken, rupted”), which refers to an out-of-business bank, having its bench physically broken, signifying that the working moneylender was insolvent.

From Wiktionary, via Kaikki.org (CC BY-SA)