You might not have any money in your pocket, but it doesn’t necessarily mean you are bankrupt. It takes a legal proceeding for the courts to declare a person bankrupt or officially unable to pay his debts.
p. pr. & vb. n.
of Bankrupt
Usage Examples
What matters to me is that I do what I think is right and I see, I'm a numbers guy, that's my attitude. I know we have a debt tsunami coming, we are bankrupting this country and I'm in a position where I can actually advance ideas to prevent that from happening. That's exactly what I should be doing.
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Other Usage ExamplesIf you're under 26, you can stay on your parents' plan. You can go back to school or get extra training without fear of a health catastrophe bankrupting your family. Over three million previously uninsured young adults are now on their parents' plans.
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