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.

To force into bankruptcy.

In a condition of bankruptcy; unable to pay one's debts.

"a bankrupt merchant"

Having been legally declared insolvent.

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

"a morally bankrupt politician"