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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
(a.)
Depleted
of
money;
not
having
the means of
meeting
pecuniary
liabilities;
as, a
bankrupt
treasury..
Lern More About Bankrupt
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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..
Cessionary
::
Cessionary
(a.)
Having
surrendered
the
effects;
as, a
cessionary
bankrupt..
Bankruptcy
::
Bankruptcy
(n.)
Complete
loss; --
followed
by of.
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..
Bankrupting
::
Bankrupting
(p. pr. & vb. n.) of
Bankrup.
Bankrupt
::
Bankrupt
(v. t.) To make
bankrupt;
to bring
financial
ruin upon; to
impoverish.
Discovery
::
Discovery
(n.) A
making
known;
revelation;
disclosure;
as, a
bankrupt
is bound to make a full
discovery
of his
assets..
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..
Break
::
Break (v. t.) To
destroy
the
financial
credit
of; to make
bankrupt;
to ruin.
Bankrupted
::
Bankrupted
(imp. & p. p.) of
Bankrup.
Bankrupt
::
Bankrupt
(a.)
Depleted
of
money;
not
having
the means of
meeting
pecuniary
liabilities;
as, a
bankrupt
treasury..
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..
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..
Smash
::
Smash (n.)
Hence,
bankruptcy..
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..
Failing
::
Failing
(n.) The act of
becoming
insolvent
of
bankrupt.
Bankruptcies
::
Bankruptcies
(pl. ) of
Bankruptc.
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
(n.) A
trader
who
secretes
himself,
or does
certain
other acts
tending
to
defraud
his
creditors..
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