| Definitions from the Webbankrupt
 Definition:Bankrupt is an adjective that refers to a person or organization that is unable to pay their debts, typically resulting in legal proceedings to resolve these financial difficulties. 
 Example Sentences:
  After a series of unsuccessful business ventures, he declared himself bankrupt.The company's reckless spending led to bankruptcy.Due to overwhelming medical bills, the family was forced to file for bankruptcy. 
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