bankrupt
A person, firm, or corporation that has been declared insolvent through a court proceeding and is relieved from the payment of all debts after the surrender of all assets to a court-appointed trustee.
Related Terms
Mentioned in these terms
Related Terms on BusinessDictionary
Popular 'Lending & Credit' Terms
Related Personal Finance Articles
Loading...
bankrupt in the news
Loading...
bankrupt is ...
... part of the Lending & Credit subject.
Nearby Terms
Search volume for bankrupt
bankrupt is mentioned in these Investment Tips
Get our content on your iGoogle page
RSS