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Bankrupt

usgb/ˈbæŋkrʌpt/Volume
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LampPro Tip 1/3
Severity of DebtPlay
Bankrupt often suggests financial ruin, not just temporary money issues. SlideThe company was bankrupt, unable to continue its operations.
LampPro Tip 2/3
Legal ProcessPlay
Being bankrupt may involve a legal process to recognize the inability to repay debts. SlideShe had to attend court after declaring herself bankrupt.
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Business ContextPlay
'Go bankrupt' often refers to businesses failing, not just individuals. SlideIf sales don't improve, our shop might go bankrupt.