# bankrupt

> English word · Adjective · IPA /ˈbæŋ.kɹəpt/ · frequency rank #10,654

## Definitions
1. In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.
2. Destitute of, or wholly lacking a good quality, value, etc. one should possess or once possessed.

## Etymology
Partial calque of Italian bancarotta (literally “a broken bench”), from banca (“bank”, literally “bench”) + rotta (“broken, rupted”), which refers to an out-of-business bank, having its bench physically broken, signifying that the working moneylender was insolvent.

## Easily confused with
- **bankruptcy** (https://plainspell.com/en/vs/bankrupt-vs-bankruptcy)

## Common misspellings (13)
`abnkrupt`, `baknrupt`, `bankkrupt`, `bankrput`, `bankrrupt`, `bankruppt`, `bankruptt`, `bankrutp`, `bankurpt`, `bannkrupt`, `banrkupt`, `bbankrupt`, `bnakrupt`

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/bankrupt