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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
(a.)
Destitute
of, or
wholly
wanting
(something
once
possessed,
or
something
one
should
possess)..
Lern More About Bankrupt
☛ Wiki Definition of Bankrupt
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Discovery
::
Discovery
(n.) A
making
known;
revelation;
disclosure;
as, a
bankrupt
is bound to make a full
discovery
of his
assets..
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..
Bankruptcy
::
Bankruptcy
(n.) The state of being
actually
or
legally
bankrupt.
Bankruptcy
::
Bankruptcy
(n.) The act or
process
of
becoming
a
bankrupt.
Bankrupt
::
Bankrupt
(a.)
Destitute
of, or
wholly
wanting
(something
once
possessed,
or
something
one
should
possess)..
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..
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..
Gazette
::
Gazette
(v. t.) To
announce
or
publish
in a
gazette;
to
announce
officially,
as an
appointment,
or a case of
bankruptcy..
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..
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..
Failing
::
Failing
(n.) The act of
becoming
insolvent
of
bankrupt.
Bankrupt
::
Bankrupt
(n.) A
trader
who
secretes
himself,
or does
certain
other acts
tending
to
defraud
his
creditors..
Bankrupt
::
Bankrupt
(a.)
Relating
to
bankrupts
and
bankruptcy.
Bankruptcy
::
Bankruptcy
(n.)
Complete
loss; --
followed
by of.
Break
::
Break (v. t.) To
destroy
the
financial
credit
of; to make
bankrupt;
to ruin.
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..
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..
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.
Cessionary
::
Cessionary
(a.)
Having
surrendered
the
effects;
as, a
cessionary
bankrupt..
Adjudication
::
Adjudication
(n.) The
decision
upon the
question
whether
the
debtor
is a
bankrupt.
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