bankrupting

v. make bankrupt, ruin financially; go bankrupt, go broke

Bankruptcy is a legally declared inability or impairment of ability of an individual or organizations to pay their creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the bankrupt individual or organization).
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Noun
1. someone who has insufficient assets to cover their debts
(synonym) insolvent
(hypernym) failure, loser, nonstarter, unsuccessful person
Verb
1. reduce to bankruptcy; "My daughter's fancy wedding is going to break me!"; "The slump in the financial markets smashed him"
(synonym) ruin, break, smash
(hypernym) impoverish
(derivation) bankruptcy, failure
Adjective
1. financially ruined; "a bankrupt company"; "the company went belly-up"
(synonym) belly-up(p)
(similar) insolvent

(p. pr. & vb. n.)
of Bankrupt
  

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