Definition of bankrupt

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Bankrupt (n.) A trader who secretes himself, or does certain other acts tending to defraud his creditors..

Lern More About Bankrupt

Bankrupt :: Bankrupt (n.) A trader who secretes himself, or does certain other acts tending to defraud his creditors..
Bankrupt :: Bankrupt (a.) Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant..
Discovery :: Discovery (n.) A making known; revelation; disclosure; as, a bankrupt is bound to make a full discovery of his assets..
Break :: Break (v. t.) To destroy the financial credit of; to make bankrupt; to ruin.
Messenger :: Messenger (n.) A person appointed to perform certain ministerial duties under bankrupt and insolvent laws, such as to take charge og the estate of the bankrupt or insolvent..
Fail :: Fail (v. i.) To become unable to meet one's engagements; especially, to be unable to pay one's debts or discharge one's business obligation; to become bankrupt or insolvent..
Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..
Failing :: Failing (n.) The act of becoming insolvent of bankrupt.
Bankruptcy :: Bankruptcy (n.) Complete loss; -- followed by of.
Cessionary :: Cessionary (a.) Having surrendered the effects; as, a cessionary bankrupt..
Bankrupted :: Bankrupted (imp. & p. p.) of Bankrup.
Bankrupting :: Bankrupting (p. pr. & vb. n.) of Bankrup.
Bankruptcy :: Bankruptcy (n.) The act or process of becoming a bankrupt.
Ruin :: Ruin (n.) To bring to ruin; to cause to fall to pieces and decay; to make to perish; to bring to destruction; to bring to poverty or bankruptcy; to impair seriously; to damage essentially; to overthrow.
Failure :: Failure (n.) A becoming insolvent; bankruptcy; suspension of payment; as, failure in business..
Whitewash :: Whitewash (v. t.) To make white; to give a fair external appearance to; to clear from imputations or disgrace; hence, to clear (a bankrupt) from obligation to pay debts..
Bankrupt :: Bankrupt (n.) A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to meet his liabilities..
Bankrupt :: Bankrupt (n.) A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person..
Bankrupt :: Bankrupt (v. t.) To make bankrupt; to bring financial ruin upon; to impoverish.
Bankrupt :: Bankrupt (a.) Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury..
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