Definition of bankrupt

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

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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..
Cessionary :: Cessionary (a.) Having surrendered the effects; as, a cessionary 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..
Gazette :: Gazette (v. t.) To announce or publish in a gazette; to announce officially, as an appointment, or a case of bankruptcy..
Discovery :: Discovery (n.) A making known; revelation; disclosure; as, a bankrupt is bound to make a full discovery of his assets..
Failing :: Failing (n.) The act of becoming insolvent of bankrupt.
Break :: Break (v. i.) To fall in business; to become bankrupt.
Bankrupt :: Bankrupt (n.) A trader who secretes himself, or does certain other acts tending to defraud his creditors..
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..
Bankrupt :: Bankrupt (a.) Destitute of, or wholly wanting (something once possessed, or something one should possess)..
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..
Bankrupting :: Bankrupting (p. pr. & vb. n.) of Bankrup.
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..
Bankruptcy :: Bankruptcy (n.) The state of being actually or legally 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.
Ruin :: Ruin (n.) To bring to ruin; to cause to fall to pieces and decay; to make to perish; to bring to destruction; to bring to poverty or bankruptcy; to impair seriously; to damage essentially; to overthrow.
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..
Bankrupt :: Bankrupt (a.) Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury..
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