As a Noun: 1. The failure of a person or a business to pay their debts. English = bankruptcy. 2. A person who has failed in business and is unable to pay their debts. English = bankrupt. 3. A lack of success in doing or achieving something; a person who has not succeeded at something or anything. English = failure. 4. In business or finances, a situation in which you earn or makes less money than you spend on various activities. English = loss. 5. A period when the economy of a country is less successful, for example because industry is less productive and more people are becoming unemployed. English = recession. As a Verb or Adjective: 1. Of people or businesses, to not have enough money to pay for your debts. English = (be) bankrupt. 2. Of people or businesses, to fail financially and become unable to pay your debts. English = go bankrupt. 3. To not succeed at doing something you were trying to do. English = fail. 4. In business or finances, to earn or make less money from doing or selling something than it cost you to do it or buy it in the first place. English = lose.