Definition of bankrupt

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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..

Lern More About Bankrupt

Failing :: Failing (n.) The act of becoming insolvent of bankrupt.
Bankrupted :: Bankrupted (imp. & p. p.) of Bankrup.
Bankrupting :: Bankrupting (p. pr. & vb. n.) of Bankrup.
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..
Bankrupt :: Bankrupt (a.) Relating to bankrupts and bankruptcy.
Break :: Break (v. t.) To destroy the financial credit of; to make bankrupt; to ruin.
Bankruptcies :: Bankruptcies (pl. ) of Bankruptc.
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..
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..
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..
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..
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..
Bankrupt :: Bankrupt (v. t.) To make bankrupt; to bring financial ruin upon; to impoverish.
Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..
Bankruptcy :: Bankruptcy (n.) The act or process of becoming 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 (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..
Bankruptcy :: Bankruptcy (n.) The state of being actually or legally bankrupt.
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