The term 'bankrupts' is a combination of two words, 'BANK' and 'rupts'. The word 'BANK' refers to a financial institution that provides banking services, such as deposits, loans, and investments. The word 'rupts' means to be ruined or destroyed. Therefore, the term 'bankrupts' can be defined as a financial institution that has been ruined or destroyed. This could be due to mismanagement, fraud, or other financial issues.