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as in:  company went bankrupt

If we don’t control spending, we’ll go bankrupt.
  legally declared to be unable to pay money that is owed

or (informally):  the state of having little or no money
 Mark word for later review on this computer
bankruptcy bankrupt bankrupted bankrupting bankrupts
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  • If we don’t control spending, we’ll go bankrupt.
  • The company declared bankruptcy.
  • They filed for Chapter 11 bankruptcy.
  • How did you go bankrupt?
    Ernest Hemingway  --  The Sun Also Rises

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  • But we refuse to believe that the bank of justice is bankrupt.
    Martin Luther King, Jr.  --  I Have a Dream
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Associated words [difficulty]:   bankrupt [3]
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Most commonly used in these subjects:   Personal Finance, Business, Law
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