Definition of bankrupt

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Bankrupt (n.) A trader who secretes himself, or does certain other acts tending to defraud his creditors..

Lern More About Bankrupt

Bankruptcy :: Bankruptcy (n.) The state of being actually or legally bankrupt.
Break :: Break (v. t.) To destroy the financial credit of; to make bankrupt; to ruin.
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.
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..
Bankrupted :: Bankrupted (imp. & p. p.) of Bankrup.
Discovery :: Discovery (n.) A making known; revelation; disclosure; as, a bankrupt is bound to make a full discovery of his assets..
Gazette :: Gazette (v. t.) To announce or publish in a gazette; to announce officially, as an appointment, or a case of bankruptcy..
Smash :: Smash (n.) Hence, bankruptcy..
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..
Failure :: Failure (n.) A becoming insolvent; bankruptcy; suspension of payment; as, failure in business..
Bankrupting :: Bankrupting (p. pr. & vb. n.) of Bankrup.
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..
Bankrupt :: Bankrupt (n.) A trader who secretes himself, or does certain other acts tending to defraud his creditors..
Bankruptcy :: Bankruptcy (n.) Complete loss; -- followed by of.
Bankrupt :: Bankrupt (a.) Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury..
Break :: Break (v. i.) To fall in business; to become bankrupt.
Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..
Whitewash :: Whitewash (v. t.) To make white; to give a fair external appearance to; to clear from imputations or disgrace; hence, to clear (a bankrupt) from obligation to pay debts..
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..
Failing :: Failing (n.) The act of becoming insolvent of bankrupt.
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