bankrupt vs defaulter

bankrupt

noun
  • One who becomes unable to pay his or her debts; an insolvent person. 

adj
  • In a condition of bankruptcy; unable to pay one's debts. 

  • Destitute of, or wholly lacking (something once possessed, or something one should possess). 

  • Having been legally declared insolvent. 

verb
  • To force into bankruptcy. 

defaulter

noun
  • one who fails to fulfill an obligation or perform a task, especially a legal or financial one. 

How often have the words bankrupt and defaulter occurred in a corpus of books? (source: Google Ngram Viewer )