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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
person
who, in
accordance
with the terms of a law
relating
to
bankruptcy,
has been
judicially
declared
to be
unable
to meet his
liabilities..
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Break
::
Break (v. t.) To
destroy
the
financial
credit
of; to make
bankrupt;
to ruin.
Adjudication
::
Adjudication
(n.) The
decision
upon the
question
whether
the
debtor
is a
bankrupt.
Failure
::
Failure
(n.) A
becoming
insolvent;
bankruptcy;
suspension
of
payment;
as,
failure
in
business..
Bankrupted
::
Bankrupted
(imp. & p. p.) of
Bankrup.
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..
Bankrupt
::
Bankrupt
(a.)
Relating
to
bankrupts
and
bankruptcy.
Cessionary
::
Cessionary
(a.)
Having
surrendered
the
effects;
as, a
cessionary
bankrupt..
Gazette
::
Gazette
(v. t.) To
announce
or
publish
in a
gazette;
to
announce
officially,
as an
appointment,
or a case of
bankruptcy..
Break
::
Break (v. i.) To fall in
business;
to
become
bankrupt.
Smash
::
Smash (n.)
Hence,
bankruptcy..
Bankrupt
::
Bankrupt
(v. t.) To make
bankrupt;
to bring
financial
ruin upon; to
impoverish.
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..
Bankruptcy
::
Bankruptcy
(n.) The act or
process
of
becoming
a
bankrupt.
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..
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
(a.)
Destitute
of, or
wholly
wanting
(something
once
possessed,
or
something
one
should
possess)..
Discovery
::
Discovery
(n.) A
making
known;
revelation;
disclosure;
as, a
bankrupt
is bound to make a full
discovery
of his
assets..
Bankruptcy
::
Bankruptcy
(n.) The state of being
actually
or
legally
bankrupt.
Failing
::
Failing
(n.) The act of
becoming
insolvent
of
bankrupt.
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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