1. past tense and past participle of bankrupt; caused to become unable to pay debts

1. having been made unable to pay one’s debts; financially ruined

Examples

• The company was bankrupted by poor management decisions.
• High medical bills bankrupted the family.
• The bankrupted business had to close its doors permanently.
• She felt bankrupted by the divorce settlement.
• The economic crisis bankrupted many small retailers.
• The bankrupted corporation owed millions to creditors.