Lexic.us

Definition of Bankrupt

1. Adjective. Financially ruined. "The company went belly-up"

2. Verb. Reduce to bankruptcy. "The slump in the financial markets smashed him"

3. Noun. Someone who has insufficient assets to cover their debts.

Definition of Bankrupt

1. n. A trader who secretes himself, or does certain other acts tending to defraud his creditors.

2. 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.

3. v. t. To make bankrupt; to bring financial ruin upon; to impoverish.

Definition of Bankrupt

1. Adjective. having been legally declared insolvent. ¹

2. Verb. (transitive) To force into bankruptcy. ¹

¹ Source: wiktionary.com

Definition of Bankrupt

1. to impoverish [v -ED, -ING, -S] - See also: impoverish

Lexicographical Neighbors of Bankrupt

bankit bankits bankless banklike banknote banknotes bankr. bankroll bankrolled bankroller

bankrollers bankrolling bankrolls bankrupcies bankrupcy bankrupt (current term) bankrupt cart bankrupt carts bankruptcies bankruptcy

bankrupted bankrupting bankrupts banksia banksia rose banksias bankside banksides banksman banksmen

Literary usage of Bankrupt

Below you will find example usage of this term as found in modern and/or classical literature:

1. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1885)
"Subsequently, Young was adjudged a bankrupt in pursuance of a petition in ... To meet these claims the assignee proved that when the bankrupt gave the ..."

2. Reports of Cases Argued and Determined in the Court of King's Bench: With by Great Britain Court of King's Bench, George Mifflin Wharton (1845)
"The bankrupt received the invoice and bill of lading on the 10th of August 1801 : and, on the 2d of September last, suspended his payments, and committed an ..."

3. Elements of International Law by Henry Wheaton (1866)
"The bankrupt-laws of most countries seek to sequestrate and transfer to assignees all personal property wherever situated. But, in the United States, ..."

4. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1912)
"cet off In his mit against the bankrupt's debt to defendant. 5. So, taking a chock from the bankrupt and, crediting the amount of the check then on deposit ..."

5. A Treatise on the Law of Bills of Exchange, Promissory Notes, Bank-notes and by John Barnard Byles, Maurice Barnard Byles, Walter John Barnard Byles (1899)
"Where the bankrupt is a trustee. When the transfer of a bill by a debtor approaching bankruptcy ii valid. Transfer to a bankrupt. ..."

6. Commentaries on the Laws of England by William Blackstone, William Carey Jones (1915)
"Who may become a bankrupt.—Who may become a bankrupt. A bankrupt was before" defined to be "a trader, who secretes himself, or does certain other acts, ..."

7. Reports of Cases Argued and Determined in the High Court of Chancery: In the by John Tracy Atkyns, Philip Yorke Hardwicke, William Newnam, Great Britain Court of Chancery (1781)
"November the 4th, 1747. Ex parte Thomas. THE bankrupt petitioned to ... the bankrupt's certificate. Sx Stat.i8.Geo. ' 1 he certificate 01 3 bankrupt ..."

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