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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
becomes
unable
to pay his
debts;
an
insolvent
trader;
popularly,
any
person
who is
unable
to pay his
debts;
an
insolvent
person..
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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.)
Destitute
of, or
wholly
wanting
(something
once
possessed,
or
something
one
should
possess)..
Bankrupt
::
Bankrupt
(n.) A
trader
who
secretes
himself,
or does
certain
other acts
tending
to
defraud
his
creditors..
Bankrupted
::
Bankrupted
(imp. & p. p.) 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..
Smash
::
Smash (n.)
Hence,
bankruptcy..
Bankrupting
::
Bankrupting
(p. pr. & vb. n.) of
Bankrup.
Break
::
Break (v. i.) To fall in
business;
to
become
bankrupt.
Bankrupt
::
Bankrupt
(a.)
Depleted
of
money;
not
having
the means of
meeting
pecuniary
liabilities;
as, a
bankrupt
treasury..
Break
::
Break (v. t.) To
destroy
the
financial
credit
of; to make
bankrupt;
to ruin.
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..
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..
Gazette
::
Gazette
(v. t.) To
announce
or
publish
in a
gazette;
to
announce
officially,
as an
appointment,
or a case of
bankruptcy..
Adjudication
::
Adjudication
(n.) The
decision
upon the
question
whether
the
debtor
is a
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..
Bankrupt
::
Bankrupt
(v. t.) To make
bankrupt;
to bring
financial
ruin upon; to
impoverish.
Bankruptcy
::
Bankruptcy
(n.) The act or
process
of
becoming
a
bankrupt.
Bankruptcy
::
Bankruptcy
(n.) The state of being
actually
or
legally
bankrupt.
Failure
::
Failure
(n.) A
becoming
insolvent;
bankruptcy;
suspension
of
payment;
as,
failure
in
business..
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