Bankrupt

When someone is bankrupt, it means they do not have enough money to pay what they owe to others, like when a person can't pay back their allowance after spending it all.

Examples

• After spending all his allowance on video games, Jake realized he was virtually bankrupt and needed to save money for snacks at the school fair next week.
• When the bakery down the street went bankrupt, it was sad for the whole neighborhood because we loved their delicious cookies and fresh bread.
• During the history lesson, we learned that many businesses went bankrupt during the Great Depression, which made life very challenging for families across the country.

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Antonyms