Longman Dictionary of Contemporary English homepage

Date: 1700-1800
Origin: An old past participle of break

broke

2 adjective
     
broke2 [not before noun]
1 having no money:
I'm fed up with being broke all the time.
flat/stony broke (=completely broke)
2

go broke

if a company or business goes broke, it can no longer operate because it has no money:
A lot of small businesses went broke in the recession.
3

go for broke

informal to take big risks when you try to achieve something:
At 2-0 down with ten minutes left, you have to go for broke.

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