bankrupt
Unable to pay
Bankrupt describes a person or entity legally declared unable to pay their debts.
A bankruptcy court may liquidate assets to satisfy creditors or approve a repayment plan.
The word extends to any kind of exhaustion or emptiness: morally bankrupt, bankrupt of ideas.
As a verb, to bankrupt someone is to cause their financial ruin: The lawsuit bankrupted the company.
Lacking any funds
- destituteUtterly without means
- pennilessCompletely without money
- impoverishedExtremely lacking in money
- indigentExtremely poor, lacking necessities
poor · strapped · hard-up · skint · down-and-out · cash-strapped · stone-broke · beggared
Those owed payment
- debtsSums owed to others
- defaultPreset standard option
- receivershipCourt-ordered asset management
- foreclosureLender seizes mortgaged property
insolvency · arrears · administration · overextended · unpaid · deficit · nonpayment · delinquency
Competitive public sale
- winding-upFormal business dissolution
- liquidatorOne who dissolves entities
- divestmentDisposal of assets
- dissolutionBreaking up completely
disposal · sequestration · trustee · fire-sale · receivership · sell-off · dividend · inventory
Sudden structural failure
- failureLack of success
- downfallSudden loss of power
- demiseCessation of existence
- devastationSevere widespread destruction
disaster · undoing · catastrophe · calamity · crisis · bust · crashed · finished
broke
Lacking any funds
- destituteUtterly without means
- pennilessCompletely without money
- impoverishedExtremely lacking in money
indigent · poor · strapped · hard-up · skint · down-and-out · cash-strapped · stone-broke · beggared · ruined
creditors
Those owed payment
- debtsSums owed to others
- defaultPreset standard option
- receivershipCourt-ordered asset management
foreclosure · insolvency · arrears · administration · overextended · unpaid · deficit · nonpayment · delinquency · restructuring
auction
Competitive public sale
- winding-upFormal business dissolution
- liquidatorOne who dissolves entities
- divestmentDisposal of assets
dissolution · disposal · sequestration · trustee · fire-sale · receivership · sell-off · dividend · inventory · appraisal
collapse
Sudden structural failure
devastation · disaster · undoing · catastrophe · calamity · crisis · bust · crashed · finished · sunk
exhausted
Utterly depleted of energy
devoid · barren · bereft · stripped · impoverished · depleted · starved · lacking · deficient · wanting
corrupt
Dishonest, open to bribes
deficient · lacking · valueless · unprincipled · unethical · bereft · void · soulless · vacuous
bankruptsolvent
Dissolving liquid or financially stable
wealthy · prosperous · affluent · rich · creditworthy
- go bankruptBecome legally insolvent
- going bankruptLegally insolvent status
- gone bankruptLegally declared unable to pay debts
- went bankruptDeclared legally insolvent
- morally bankruptLacking all ethical principles
- goes bankruptBecomes legally insolvent
bankruptcy, bankrupted, bankrupts, bankrupting, bankruptcies, bankruptcy law, bankruptcy laws