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Definition of bankrupt
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...
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..
Lern More About Bankrupt
☛ Wiki Definition of Bankrupt
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Cessionary
::
Cessionary
(a.)
Having
surrendered
the
effects;
as, a
cessionary
bankrupt..
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..
Assignee
::
Assignee
(v.) A
person
to whom an
assignment
is made; a
person
appointed
or
deputed
by
another
to do some act,
perform
some
business,
or enjoy some
right,
privilege,
or
property;
as, an
assignee
of a
bankrupt.
See
Assignment
(c). An
assignee
may be by
special
appointment
or deed, or be
created
by jaw; as an
executor..
Break
::
Break (v. t.) To
destroy
the
financial
credit
of; to make
bankrupt;
to ruin.
Bankrupt
::
Bankrupt
(a.)
Depleted
of
money;
not
having
the means of
meeting
pecuniary
liabilities;
as, a
bankrupt
treasury..
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..
Bankrupt
::
Bankrupt
(a.)
Relating
to
bankrupts
and
bankruptcy.
Assets
::
Assets
(n. pl.)
Effects
of an
insolvent
debtor
or
bankrupt,
applicable
to the
payment
of
debts..
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..
Bankruptcy
::
Bankruptcy
(n.) The act or
process
of
becoming
a
bankrupt.
Bankrupted
::
Bankrupted
(imp. & p. p.) of
Bankrup.
Adjudication
::
Adjudication
(n.) The
decision
upon the
question
whether
the
debtor
is a
bankrupt.
Failing
::
Failing
(n.) The act of
becoming
insolvent
of
bankrupt.
Smash
::
Smash (n.)
Hence,
bankruptcy..
Break
::
Break (v. i.) To fall in
business;
to
become
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..
Failure
::
Failure
(n.) A
becoming
insolvent;
bankruptcy;
suspension
of
payment;
as,
failure
in
business..
Bankrupt
::
Bankrupt
(a.)
Destitute
of, or
wholly
wanting
(something
once
possessed,
or
something
one
should
possess)..
Bankruptcy
::
Bankruptcy
(n.)
Complete
loss; --
followed
by of.
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..
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