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Topical Terminology > Bankrupt



5 Definitions

Bankrupt

For Bankrupt we have terms and definitions in 5 topics. The topics are Dream, Insolvency, Purchasing A Home, Real Estate and Tax.



Bankrupt (Dream)

Denotes partial collapse in business, and weakening of the brain faculties. A warning to leave speculations alone.


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Bankrupt (Insolvency)


A person who has made an assignment or against whom a receiving order has been made, or the legal status of that person.


Bankrupt (Purchasing A Home)

A person, firm, or corporation that, through a court proceeding, is relieved from the payment of all debts after the surrender of all assets to a court-appointed trustee.


Bankrupt (Real Estate)

The state of an entity that is unable to repay its debts as they become due


Bankrupt (Tax)

Legal status of a person/corporation who/which is unable to pay its debts as they become due and who/which has made a transfer of property or of a right or interest in property to a trustee for the benefit of creditors.


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