Bankrupt Definition & Meaning | Bay Area Crosswords

About The Word Bankrupt

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Bankrupt

Bankrupt Definition And Meaning
What's The Definition Of Bankrupt? [n] someone who has insufficient assets to cover their debts [adj] financially ruined; "a bankrupt company" [v] reduce to bankruptcy; "My daughter's fancy wedding is going to break me!" Synonyms \| Synonyms for Bankrupt: break \| insolvent \| insolvent \| ruin Related Terms \| Find terms related to Bankrupt: almsman \| almswoman \| also-ran \| ausgespielt \| bankrupt in \| bare \| bare of \| beggar \| bereft of \| blasted \| blighted \| break \| broke \| broken \| bust \| busted \| casual \| charity case \| denudate \| denude \| denuded of \| deprive \| deprived of \| desolated \| destitute \| destitute of \| destroyed \| devastated \| devoid of \| dilapidate \| dismantle \| disrobe \| divest \| done for \| done in \| down-and-out \| down-and-outer \| drain \| draw \| draw down \| dud \| empty of \| exhaust \| failed \| failure \| fallen \| false alarm \| finished \| flop \| fold up \| for want of \| forlorn of \| fortuneless \| gone to pot \| hardcase \| homeless \| impair \| impoverish \| in default of \| in receivership \| in ruins \| in the gutter \| in the red \| in want of \| incapacitate \| indigent \| insolvent \| insolvent debtor \| irremediable \| kaput \| lacking \| lame duck \| landless \| loser \| missing \| moneyless \| needing \| on the rocks \| out of \| out of funds \| out of pocket \| overthrown \| pauper \| pauperize \| penniless \| penniless man \| poor devil \| poor man \| poorling \| propertyless \| ravaged \| reduce \| ruin \| ruined \| ruinous \| scant of \| scuttle \| shipwreck \| short \| short of \| shy \| shy of \| sink \| spoiled \| starveling \| unblessed with \| undone \| unpossessed of \| use up \| void of \| wanting \| washout \| wasted \| welfare client \| without a sou \| wreck \| wrecked See Also \| failure \| impoverish \| loser \| nonstarter \| unsuccessful person Bankrupt In Webster's Dictionary \Bank"rupt\, n. [F. banqueroute, fr. It. bancarotta bankruptcy; banca bank (fr. OHG. banch, G. bank, bench) + rotta broken, fr. L. ruptus, p. p. of rumpere to break. At Florence, it is said, the bankrupt had his bench ( i.e., money table) broken. See 1st {Bank}, and {Rupture}, n.] 1. (Old Eng. Low) A trader who secretes himself, or does certain other acts tending to defraud his creditors. --Blackstone. 2. 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. --M?Culloch. 3. (Law) 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. Note: In England, until the year 1861 none but a ``trader'' could be made a bankrupt; a non-trader failing to meet his liabilities being an ``insolvent''. But this distinction was abolished by the Bankruptcy Act of 1861. The laws of 1841 and 1867 of the United States relating to bankruptcy applied this designation bankrupt to others besides those engaged in trade. \Bank"rupt\, a. 1. Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; as, a bankrupt merchant. 2. Depleted of money; not having the means of meeting pecuniary liabilities; as, a bankrupt treasury. 3. Relating to bankrupts and bankruptcy. 4. Destitute of, or wholly wanting (something once possessed, or something one should possess). ``Bankrupt in gratitude.'' --Sheridan. {Bankrupt law}, a law by which the property of a person who is unable or unwilling to pay his debts may be taken and distributed to his creditors, and by which a person who has made a full surrender of his property, and is free from fraud, may be discharged from the legal obligation of his debts. See {Insolvent}, a. \Bank"rupt\, v. t. [imp. & p. p. {Bankrupted}; p. pr. & vb. n. {Bankrupting}.] To make bankrupt; to bring financial ruin upon; to impoverish.

Bankrupt Definition And Meaning

What's The Definition Of Bankrupt?

[n] someone who has insufficient assets to cover their debts
[adj] financially ruined; "a bankrupt company"
[v] reduce to bankruptcy; "My daughter's fancy wedding is going to break me!"

Synonyms | Synonyms for Bankrupt: break | insolvent | insolvent | ruin

Bankrupt In Webster's Dictionary

\Bank"rupt\, n. [F. banqueroute, fr. It. bancarotta
bankruptcy; banca bank (fr. OHG. banch, G. bank, bench) +
rotta broken, fr. L. ruptus, p. p. of rumpere to break. At
Florence, it is said, the bankrupt had his bench ( i.e.,
money table) broken. See 1st {Bank}, and {Rupture}, n.]
1. (Old Eng. Low) A trader who secretes himself, or does
   certain other acts tending to defraud his creditors.
   --Blackstone.

2. 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. --M?Culloch.

3. (Law) 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.

Note: In England, until the year 1861 none but a ``trader''
      could be made a bankrupt; a non-trader failing to meet
      his liabilities being an ``insolvent''. But this
      distinction was abolished by the Bankruptcy Act of
      1861. The laws of 1841 and 1867 of the United States
      relating to bankruptcy applied this designation
      bankrupt to others besides those engaged in trade.


\Bank"rupt\, a.
1. Being a bankrupt or in a condition of bankruptcy; unable
   to pay, or legally discharged from paying, one's debts;
   as, a bankrupt merchant.

2. Depleted of money; not having the means of meeting
   pecuniary liabilities; as, a bankrupt treasury.

3. Relating to bankrupts and bankruptcy.

4. Destitute of, or wholly wanting (something once possessed,
   or something one should possess). ``Bankrupt in
   gratitude.'' --Sheridan.

{Bankrupt law}, a law by which the property of a person who
   is unable or unwilling to pay his debts may be taken and
   distributed to his creditors, and by which a person who
   has made a full surrender of his property, and is free
   from fraud, may be discharged from the legal obligation of
   his debts. See {Insolvent}, a.


\Bank"rupt\, v. t. [imp. & p. p. {Bankrupted}; p. pr. &
vb. n. {Bankrupting}.]
To make bankrupt; to bring financial ruin upon; to
impoverish.

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