Definition of bankrupt

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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..

Lern More About Bankrupt

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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