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New2grammar Posted 18 years ago
Grammar

be broke/go bankrupt

With rising inflation, I feel like my family is going to [be broke/go bankrupt].

Are they interchangeable? Any difference?
Thanks
  

Top answer

Very different be broke - you don't have enough/any money. be bankrupt - this is a legal state and very serious. Your financial affairs are taken out of your control and it becomes very difficult to set up new loans etc.

— Nona the brit

  • Very different be broke - you don't have enough/any money.
  • be bankrupt - this is a legal state and very serious.
  • Your financial affairs are taken out of your control and it becomes very difficult to set up new loans etc.
  • It also prevents you from acting as a company director.
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5 Answers
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Very different

be broke - you don't have enough/any money.

be bankrupt - this is a legal state and very serious. Your financial affairs are taken out of your control and it becomes very difficult to set up new loans etc. It also prevents you from acting as a company director.
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What a surprise! Thanks, nona.
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nona the britbe broke - you don't have enough/any money.
be bankrupt - this is a legal state and very serious. Your financial affairs are taken out of your control and it becomes very difficult to set up new loans etc. It also prevents you from acting as a company director.

Does that mean that only firms, companies, shops etc. can go bankrupt?
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No, individuals go bankrupt too.
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