bankrupt · adjective /ˈbæŋk.rʌpt/Full view
C1 unable to continue in business because you cannot pay your debts
Dictionary example:

He went bankrupt after only a year in business.

Learner example:

But the greed for easy money is likely to diminish as many businesses have gone bankrupt these last few months. (Certificate in Advanced English; C1; French)

Cambridge logo