bankrupted

Meanings

• adjective

  Having no money, resources, or business operations left; financially ruined.

---

Rhymes

Words rhyming with bankrupted
chump , jump , pump , rump , dump

---

Variants

List of all variants of bankrupted that leads to same result
bankrupt , bankrupted , bankrupting , bankrupts

---

Etymology

origin and the way in which meanings have changed throughout history.

Derived from 'bank' (a financial institution) + 'rupt' (to break). The term 'bankrupt' first appeared in the late 15th century.

---

Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that the ancient Romans had a similar concept to bankruptcy called 'fallacia'? It allowed debtors to discharge their debts and start fresh.

2. Bankruptcy filings in the United States have seen a significant increase during economic downturns, such as the Great Depression and the 2008 financial crisis.

---

Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Insolvency: Insolvency refers to a financial condition where an individual or business cannot pay its debts when they come due. Bankruptcy is a legal process that can help individuals and businesses in insolvency situations to reorganize or liquidate their debts.

2. Debtor in Possession: A debtor in possession is a debtor who remains in control of its assets and operations while undergoing bankruptcy proceedings. This allows the debtor to continue generating revenue and paying off debts under the supervision of the bankruptcy court.

---

Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Bankruptcy is a common theme in literature, particularly in novels and short stories that explore the human condition and the consequences of financial mismanagement. For example, 'The Great Gatsby' by F. Scott Fitzgerald deals with the theme of financial ruin and the moral decay that can follow.

How to Memorize "bankrupted"

1. visualize
   

   - Imagine a person or business with no money, no resources, and no ability to pay their debts. Visualize the feeling of helplessness and despair that comes with financial ruin.

2. associate
   

   - Associate the word 'bankrupt' with the image of a broken bank or a shattered piggy bank to help remember its meaning.

3. mnemonics
   

   - Use the mnemonic 'Broke And No Resources, Please Understand: Bankrupt' to help remember the definition of the term.

---

Memorize "bankrupted" using Dictozo

The best and recommended way to memorize bankrupted is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

   Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
2. Periodic Reminders:

   Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.