Definition of bankrupt

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

Lern More About Bankrupt

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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