BANKRUPT

I. noun see: bank Date: 1533 1. a person who has done any of the acts that by law entitle creditors to have his or her estate administered for their benefit, a person judicially declared subject to having his or her estate administered under the ~ laws for the benefit of creditors, a person who becomes insolvent, a person who is completely lacking in a particular desirable quality or attribute , II. adjective Date: 1570 1. reduced to a state of financial ruin ; impoverished , of or relating to ~s or ~cy , 2. broken , ruined , exhausted of valuable qualities ; sterile , destitute , III. transitive verb Date: 1588 to reduce to ~cy, impoverish , see: deplete