bankrupt

In a condition of bankruptcy; unable to pay outstanding debts or meet financial obligations; specifically, having been legally declared insolvent.

a bankrupt merchant

"How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly."

Destitute of, or wholly lacking a good quality, value, etc. one should possess or once possessed.

a morally bankrupt politician

a creatively bankrupt endeavor

To force into bankruptcy.

The cost of the Mendip line had, however, bankrupted the S.D.R. [Somerset & Dorset Railway], and it was leased to the two larger companies for 999 years in 1875, and named the Somerset & Dorset Joint Railway.

to get placed last in Tycoon with the bankruptcy rule

One who becomes unable to pay his or her debts; an insolvent person; a bankruptee.

A trader who secretes himself, or does certain other acts tending to defraud his creditors.