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...

Break :: Break (v. i.) To fall in business; to become bankrupt.

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 (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..

Dividend :: Dividend (n.) A sum of money to be divided and distributed; the share of a sum divided that falls to each individual; a distribute sum, share, or percentage; -- applied to the profits as appropriated among shareholders, and to assets as apportioned among creditors; as, the dividend of a bank, a railway corporation, or a bankrupt estate..

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..

Cessionary :: Cessionary (a.) Having surrendered the effects; as, a cessionary 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..

Bankrupt :: Bankrupt (a.) Relating to bankrupts and bankruptcy.

Break :: Break (v. t.) To destroy the financial credit of; to make bankrupt; to ruin.

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..

Bankrupt :: Bankrupt (a.) Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury..

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..

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..

Failing :: Failing (n.) The act of becoming insolvent of bankrupt.

Failure :: Failure (n.) A becoming insolvent; bankruptcy; suspension of payment; as, failure in business..

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 (a.) Destitute of, or wholly wanting (something once possessed, or something one should possess)..

Smash :: Smash (n.) Hence, bankruptcy..

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