What is meant by a 'bankrupt' as well as a 'prodigal' ? Why has the man gone bankrupt ? Why is he called a prodigal ?
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The reason for this is that Antonio is a bankrupt, which is a term used to refer to someone who is unable to repay his or her debts. ... Shylock also calls Antonio a prodigal which refers to a person who is wasteful and extravagant.
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A 'bankrupt' means a person who has not enough money to pay off his just debts. 'Prodigal' means a spendthrift who spends money recklessly. The man has gone bankrupt because his ship has been wrecked in the English Channel with its rich cargo.
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