Month: September 2017

bankrupt

This word carries several meanings: a person or organization legally declared unable to pay outstanding debts; completely lacking in a particular quality or value; and, as a verb, to reduce someone to bankruptcy. Synonyms: insolvent, failed, ruined, owing money, in the red, in arrears, in receivership. In the sixteenth century, moneylenders or traders used to conduct their business on benches…