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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
secretes
himself,
or does
certain
other acts
tending
to
defraud
his
creditors..
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Bankruptcy
::
Bankruptcy
(n.)
Complete
loss; --
followed
by of.
Bankrupt
::
Bankrupt
(a.)
Relating
to
bankrupts
and
bankruptcy.
Gazette
::
Gazette
(v. t.) To
announce
or
publish
in a
gazette;
to
announce
officially,
as an
appointment,
or a case of
bankruptcy..
Bankrupted
::
Bankrupted
(imp. & p. p.) of
Bankrup.
Smash
::
Smash (n.)
Hence,
bankruptcy..
Failing
::
Failing
(n.) The act of
becoming
insolvent
of
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..
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..
Bankruptcies
::
Bankruptcies
(pl. ) of
Bankruptc.
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
(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..
Cessionary
::
Cessionary
(a.)
Having
surrendered
the
effects;
as, a
cessionary
bankrupt..
Bankrupting
::
Bankrupting
(p. pr. & vb. n.) of
Bankrup.
Bankrupt
::
Bankrupt
(a.)
Destitute
of, or
wholly
wanting
(something
once
possessed,
or
something
one
should
possess)..
Bankruptcy
::
Bankruptcy
(n.) The state of being
actually
or
legally
bankrupt.
Bankruptcy
::
Bankruptcy
(n.) The act or
process
of
becoming
a
bankrupt.
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.
Assets
::
Assets
(n. pl.)
Effects
of an
insolvent
debtor
or
bankrupt,
applicable
to the
payment
of
debts..
Failure
::
Failure
(n.) A
becoming
insolvent;
bankruptcy;
suspension
of
payment;
as,
failure
in
business..
Bankrupt
::
Bankrupt
(a.)
Depleted
of
money;
not
having
the means of
meeting
pecuniary
liabilities;
as, a
bankrupt
treasury..
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