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1. WordNet® 3.0 (2006) |
bankrupt
adj 1: financially ruined; "a bankrupt company"; "the company
went belly-up" [syn: bankrupt, belly-up(p)]
n 1: someone who has insufficient assets to cover their debts
[syn: bankrupt, insolvent]
v 1: reduce to bankruptcy; "My daughter's fancy wedding is going
to break me!"; "The slump in the financial markets smashed
him" [syn: bankrupt, ruin, break, smash]
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2. The Collaborative International Dictionary of English v.0.48 |
Bankrupt \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.
[1913 Webster]
2. Depleted of money; not having the means of meeting
pecuniary liabilities; as, a bankrupt treasury.
[1913 Webster]
3. Relating to bankrupts and bankruptcy.
[1913 Webster]
4. Destitute of, or wholly wanting (something once possessed,
or something one should possess). "Bankrupt in gratitude."
--Sheridan.
[1913 Webster]
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.
[1913 Webster]
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3. The Collaborative International Dictionary of English v.0.48 |
Bankrupt \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. Law) A trader who secretes himself, or does
certain other acts tending to defraud his creditors.
--Blackstone.
[1913 Webster]
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.
[1913 Webster]
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.
[1913 Webster]
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.
[1913 Webster]
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4. The Collaborative International Dictionary of English v.0.48 |
Bankrupt \Bank"rupt\, v. t. [imp. & p. p. Bankrupted; p. pr. &
vb. n. Bankrupting.]
To make bankrupt; to bring financial ruin upon; to
impoverish.
[1913 Webster]
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5. Bouvier's Law Dictionary, Revised 6th Ed (1856) |
BANKRUPT. A person who has done, or suffered some act to be done, which is
by law declared an act of bankruptcy; in such case he may be declared a
bankrupt.
2. It is proper to notice that there is much difference between a
bankrupt and an insolvent. A man may be a bankrupt, and yet be perfectly
solvent; that is, eventually able to pay all his debts or, he may be
insolvent, and, in consequence of not having done, or suffered, an act of
bankruptcy. He may not be a bankrupt. Again, the bankrupt laws are intended
mainly to secure creditors from waste, extravagance, and mismanagement, by
seizing the property out of the hands of the debtors, and placing it in the
custody of the law; whereas the insolvent laws only relieve a man from
imprisonment for debt after he has assigned his property for the benefit of
his creditors. Both under bankrupt and insolvent laws the debtor is required
to surrender his property, for the benefit of his creditors. Bankrupt laws
discharge the person from imprisonment, and his property, acquired after his
discharge, from all liabilities for his debts insolvent laws simply
discharge the debtor from imprisonment, or liability to be imprisoned, but
his after-acquired property may be taken in satisfaction of his former
debts. 2 Bell, Com. B. 6, part 1, c. 1, p. 162; 3 Am. Jur. 218.
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Thesaurus Results for bankrupt:
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1. Moby Thesaurus II by Grady Ward, 1.0 |
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 |
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Common Misspellings > |
bankrupt abankrupt abnkrupt babnkrupt ankrupt bbankrupt bnakrupt banakrupt bnkrupt baankrupt baknrupt banknrupt bakrupt bannkrupt banrkupt bankrkupt banrupt bankkrupt bankurpt bankrurpt bankupt bankrrupt bankrput bankruput bankrpt bankruupt bankrutp bankruptp bankrut bankruppt bankrutpt bankrup bankruptt fankrupt bfankrupt fbankrupt gankrupt bgankrupt gbankrupt hankrupt bhankrupt hbankrupt vankrupt bvankrupt vbankrupt nankrupt bnankrupt nbankrupt ankrupt b ankrupt bankrupt bqnkrupt baqnkrupt bqankrupt bwnkrupt bawnkrupt bwankrupt bsnkrupt basnkrupt bsankrupt bxnkrupt baxnkrupt bxankrupt bznkrupt baznkrupt bzankrupt b nkrupt ba nkrupt b ankrupt benkrupt binkrupt bonkrupt bunkrupt bagkrupt bangkrupt bagnkrupt bahkrupt banhkrupt bahnkrupt bajkrupt banjkrupt bajnkrupt babkrupt banbkrupt babnkrupt bamkrupt banmkrupt bamnkrupt ba krupt ban krupt ba nkrupt banurupt bankurupt banukrupt banirupt bankirupt banikrupt banorupt bankorupt banokrupt banjrupt bankjrupt banjkrupt banlrupt banklrupt banlkrupt banmrupt bankmrupt banmkrupt ban,rupt bank,rupt ban,krupt ban.rupt bank.rupt ban.krupt bank4upt bankr4upt bank4rupt bank$upt bankr$upt bank$rupt bank5upt bankr5upt bank5rupt bankeupt bankreupt bankerupt banktupt bankrtupt banktrupt bankdupt bankrdupt bankdrupt bankfupt bankrfupt bankfrupt bankgupt bankrgupt bankgrupt bankr7pt bankru7pt bankr7upt bankr&pt bankru&pt bankr&upt bankr8pt bankru8pt bankr8upt bankrypt bankruypt bankryupt bankript bankruipt bankriupt bankrhpt bankruhpt bankrhupt bankrjpt bankrujpt bankrjupt bankrkpt bankrukpt bankrkupt bankrapt bankrept bankropt bankru0t bankrup0t bankru0pt bankru)t bankrup)t bankru)pt bankruot bankrupot bankruopt bankrult bankruplt bankrulpt bankrup5 bankrupt5 bankrup5t bankrup% bankrupt% bankrup%t bankrup6 bankrupt6 bankrup6t bankrupr bankruptr bankruprt bankrupy bankrupty bankrupyt bankrupf bankruptf bankrupft bankrupg bankruptg bankrupgt bankruph bankrupth bankrupht Definition commonly spelled as: Defanition or Defenition, Synonym as: Synonim, Sinonym or Sinonim, Thesaurus as: Thesorus or Thesauris, Dictionary as: Dictionery or Dictionry and Define is usually not misspelled. What does mispell meen? It Meens...
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