Bankrupting: meaning, definitions and examples
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bankrupting
[ ˈbæŋkrʌptɪŋ ]
financial
To make someone bankrupt by reducing their financial resources to zero or below.
Synonyms
Examples of usage
- The economic crisis is bankrupting many small businesses.
- His gambling addiction is bankrupting his family.
Translations
Translations of the word "bankrupting" in other languages:
🇵🇹 falência
🇮🇳 दिवालियापन
🇩🇪 Bankrott
🇮🇩 kebangkrutan
🇺🇦 банкрутство
🇵🇱 upadłość
🇯🇵 破産
🇫🇷 faillite
🇪🇸 quiebra
🇹🇷 iflas
🇰🇷 파산
🇸🇦 إفلاس
🇨🇿 úpadek
🇸🇰 úpadok
🇨🇳 破产
🇸🇮 stečaj
🇮🇸 gjaldþrot
🇰🇿 банкроттық
🇬🇪 გაკოტრება
🇦🇿 müflislik
🇲🇽 quiebra
Word origin
The word 'bankrupting' is derived from the term 'bankrupt', which originated from the Italian word 'banca rotta' meaning 'broken bench'. This refers to the ancient practice of breaking the bench of a bankrupt trader to symbolize his insolvency. The concept of bankruptcy has existed for centuries as a legal status of inability to repay debts. The verb 'bankrupting' emerged as a derivative to describe the action of causing bankruptcy or financial ruin.
See also: bankruptcy.