become bankrupt

  • 1 become bankrupt — index fail (lose), overdraw Burton s Legal Thesaurus. William C. Burton. 2006 …

    Law dictionary

  • 2 bankrupt — [baŋk′rupt΄, baŋk′rəpt] n. [Fr banqueroute < It banca rotta < banca, bench (see BANK1) + rotta, broken < L rupta, fem. pp. of rumpere, to break: see RUPTURE] 1. a person legally declared unable to pay his or her debts: the property of a… …

    English World dictionary

  • 3 bankrupt — a debtor, who has volunteered or been forced to appear before a Bankruptcy Court and has been judged insolvent, because s/he has insufficient assets to meet the demands of all creditors. Glossary of Business Terms * * * ▪ I. bankrupt bank‧rupt 1… …

    Financial and business terms

  • 4 bankrupt — / bæŋkrʌpt/ noun, adjective (a person) who has been declared by a court not to be capable of paying his or her debts and whose affairs are put into the hands of a receiver ● a bankrupt property developer ● She was adjudicated or declared bankrupt …

    Dictionary of banking and finance

  • 5 bankrupt — /ˈbæŋkrʌpt / (say bangkrupt) noun 1. Law a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court, and whose property is therefore to be administered by a trustee for the benefit of the creditors… …

    Australian English dictionary

  • 6 bankrupt — adj. VERBS ▪ be ▪ become, go ▪ Hundreds of companies went bankrupt during the recession. ▪ declare sb, make sb ▪ …

    Collocations dictionary

  • 7 bankrupt — The state or condition of a person (individual, partnership, corporation, municipality) who is unable to pay its debts as they are, or become, due. The condition of one whose circumstances are such that he is entitled to take the benefit of the… …

    Black's law dictionary

  • 8 go bankrupt — verb To become bankrupt. Several thousand companies go bankrupt in the UK each year. Syn: go bust, go under, go belly up …

    Wiktionary

  • 9 go bankrupt — become insolvent, declare legal inability to pay off debts, go broke …

    English contemporary dictionary

  • 10 undischarged bankrupt — A person whose bankruptcy has not been discharged. Such persons must not obtain credit (above £500) without first informing their creditors that they are undischarged bankrupts, become directors of companies, or trade under another name.… …

    Accounting dictionary

  • 11 undischarged bankrupt — A person whose bankruptcy has not been discharged. Such persons must not obtain credit (above £250) without first informing their creditors that they are undischarged bankrupts, become directors of companies, or trade under another name.… …

    Big dictionary of business and management

  • 12 Bankruptcy in Canada — The procedures and legal consequences of consumer bankruptcy in Canada are governed by Canadian federal legislation.OverviewConsumer bankruptcy is a legislative procedure under Bankruptcy and Insolvency Act ( the BIA ) *(1) complemented by… …

    Wikipedia

  • 13 Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… …

    Wikipedia

  • 14 Consumer bankruptcy in Canada — See also: Insolvency law of Canada Consumer bankruptcy in Canada is governed by the Bankruptcy and Insolvency Act ( BIA ). [1] The legislation is complemented by regulations, as well as directives from the Office of the Superintendent of… …

    Wikipedia

  • 15 Moral Aspect of Bankruptcy —     Moral Aspect of Bankruptcy     † Catholic Encyclopedia ► Moral Aspect of Bankruptcy     (See also CIVIL ASPECT OF BANKRUPTCY.)     Bankruptcy must be considered not only from the legal but also from the moral point of view; for sound morality …

    Catholic encyclopedia

  • 16 bankruptcy — bank·rupt·cy / baŋ ˌkrəp sē/ n pl cies 1: the quality or state of a bankrupt filed for bankruptcy 2: the administration of an insolvent debtor s property by the court for the benefit of the debtor s creditors the debt was discharged in bankruptcy …

    Law dictionary

  • 17 Canadian National Railway — Canadian National system map …

    Wikipedia

  • 18 Monopoly (game) — Monopoly The Monopoly Logo Designer(s) Elizabeth Magie Louis Fred Thun[1] Charles Darrow Publisher(s) …

    Wikipedia

  • 19 fail — vi 1: to be or become inadequate or unsuccessful esp. in fulfilling certain formal requirements even though one or more terms are left open a contract for sale does not fail for indefiniteness Uniform Commercial Code 2: to become bankrupt or… …

    Law dictionary

  • 20 Bankruptcy — State of being unable to pay debts. Thus, the ownership of the firm s assets is transferred from the stockholders to the bondholders. The New York Times Financial Glossary * * * bankruptcy bank‧rupt‧cy [ˈbæŋkrʌptsi] noun bankruptcies PLURALFORM… …

    Financial and business terms