Did you
know?
broke
adjective
- bankrupt, lacking funds
(DH)
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WORD ORIGIN
The adjective broke, as in the sense of lacking funds, developed from broken, the past participle of the verb break (break, broke, broken). Use of the word to mean insolvent or bankrupt first surfaced in the 1700s.
The word bankrupt has an interesting history. It was formed from the ancient Latin bancus (a bench or table) and ruptus (broken) and the Italian banco rotto. A bank originally referred to a bench, which the first bankers had in public places such as markets or fairs. The benches were used for handling the money and performing other banking tasks. Hence, when a banker failed, he broke his bank.
The Italian meaning originally referred to the ruin or breaking up of a trader’s business because of failure to pay creditors, or the abandonment of a business to avoid paying debts. The Barnhart Concise Dictionary of Etymology says that while there is a link to banco rotto, bankrupt likely was borrowed directly from the Middle French banqueroute.
By the way, should you ever hear someone say they are "on Carey Street", they’re not trying to tell you where they live; they’re broke. This phrase originates from the London street where the UK bankruptcy court was once located.
(sources: Barnhart Concise Dictionary of Etymology, The Phrase Finder)
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SYNONYMS
bankrupt, beggared, busted, cleaned out, destitute, dirt poor, flat broke, impoverished, in debt, indebted, indigent, insolvent, needy, penniless, penurious, poor, ruined, stone broke, strapped, tapped out, wiped out
(Roget's New Millennium™ Thesaurus)
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ANTONYMS
affluent, rich, wealthy
(Roget's New Millennium™ Thesaurus)
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IMPRESS YOUR FRIENDS TODAY
say something like:
"Their main competitor made some bad investments and went broke."