Synonym: belly-up, break, insolvent, ruin, smash. Similar words: bankruptcy, abrupt, disrupt, rupture, banker, bank on, banking, interrupt. Meaning: ['bæŋkrʌpt] 
n. someone who has insufficient assets to cover their debts. v. reduce to bankruptcy. adj. financially ruined.
n. someone who has insufficient assets to cover their debts. v. reduce to bankruptcy. adj. financially ruined. 181. "Bankrupt" includes bankrupt under the Federal Bankruptcy Act or insolvent under any state insolvent act. "Conveyance" includes every assignment, lease, mortgage, or encumbrance.