Choose the correct one-word substitute for: 'A person who is unable to pay debts'.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Bankrupt.
Analysis of the given options:
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Bankrupt: This is the most accurate term. It specifically refers to a person who has been declared by a law court as unable to pay their debts.
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Pauper: This refers to a very poor person, especially one who depends on public charity. While a pauper may have no money, the term describes their general state of poverty rather than their specific relationship to debt.
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Spendthrift: This refers to a person who spends money in an extravagant or irresponsible way. A spendthrift might eventually become bankrupt, but the word itself describes the habit of spending, not the status of owing.
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Debtor: This simply refers to a person who owes money. Being a debtor does not necessarily mean you are unable to pay; it just means you currently have an outstanding balance.
Correct word: Bankrupt
Hence, the chosen option is correct.