Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of bankrupt is as below...

Break :: Break (v. i.) To fall in business; to become bankrupt.

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..

Bankrupted :: Bankrupted (imp. & p. p.) of Bankrup.

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..

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 (v. t.) To make bankrupt; to bring financial ruin upon; to impoverish.

Break :: Break (v. t.) To destroy the financial credit of; to make bankrupt; to ruin.

Assignment :: Assignment (n.) The transfer of the property of a bankrupt to certain persons called assignees, in whom it is vested for the benefit of creditors..

Bankruptcies :: Bankruptcies (pl. ) of Bankruptc.

Dividend :: Dividend (n.) A sum of money to be divided and distributed; the share of a sum divided that falls to each individual; a distribute sum, share, or percentage; -- applied to the profits as appropriated among shareholders, and to assets as apportioned among creditors; as, the dividend of a bank, a railway corporation, or a bankrupt estate..

Adjudication :: Adjudication (n.) The decision upon the question whether the debtor is a bankrupt.

Examine :: Examine (v. t.) To interrogate as in a judicial proceeding; to try or test by question; as, to examine a witness in order to elicit testimony, a student to test his qualifications, a bankrupt touching the state of his property, etc..

Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..

Smash :: Smash (n.) Hence, bankruptcy..

Assignee :: Assignee (v.) In England, the persons appointed, under a commission of bankruptcy, to manage the estate of a bankrupt for the benefit of his creditors..

Bankrupting :: Bankrupting (p. pr. & vb. n.) of Bankrup.

Gazette :: Gazette (v. t.) To announce or publish in a gazette; to announce officially, as an appointment, or a case of bankruptcy..

Bankruptcy :: Bankruptcy (n.) The act or process of becoming a bankrupt.

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..

Discovery :: Discovery (n.) A making known; revelation; disclosure; as, a bankrupt is bound to make a full discovery of his assets..

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