discharged bankrupt

discharged bankrupt
discharged bankrupt UK [dɪsˌtʃɑː(r)dʒd ˈbæŋkrʌpt] US [dɪsˌtʃɑrdʒd ˈbæŋkrʌpt] noun [countable] [singular discharged bankrupt plural discharged bankrupts] business british
someone such as a businessman or businesswoman who has not been able to pay money that they owe, but who is officially allowed to have a business again

Useful english dictionary. 2012.

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Look at other dictionaries:

  • discharged bankrupt — ➔ bankrupt1 * * * discharged bankrupt UK US noun [C] FINANCE, LAW ► a person or company that does not have to pay back particular debts because they are legally bankrupt: »As a discharged bankrupt you are free from the debts included in your… …   Financial and business terms

  • discharged bankrupt — UK [dɪsˌtʃɑː(r)dʒd ˈbæŋkrʌpt] / US [dɪsˌtʃɑrdʒd ˈbæŋkrʌpt] noun [countable] Word forms discharged bankrupt : singular discharged bankrupt plural discharged bankrupts business British someone such as a businessman or businesswoman who has not been …   English dictionary

  • discharged bankrupt — /dɪsˌtʃɑ:dʒd bæŋkrʌpt/ noun a person who has been released from being bankrupt because his or her debts have been paid …   Dictionary of banking and finance

  • discharged bankrupt — noun (C) someone who cannot pay their debts but who has obeyed the orders of the court and can do business again …   Longman dictionary of contemporary English

  • 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

  • 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; …   The Collaborative International Dictionary of English

  • Bankrupt law — 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… …   The Collaborative International Dictionary of English

  • undischarged bankrupt — ➔ bankrupt2 * * * undischarged bankrupt UK US noun [C] FINANCE, LAW ► someone who is legally bankrupt but who still has to pay back particular debts and cannot borrow again without telling financial organizations considering a loan that they are… …   Financial and business terms

  • undischarged bankrupt — a person against whom a bankruptcy order has been made but who has not yet been discharged. Collins dictionary of law. W. J. Stewart. 2001 …   Law dictionary

  • 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

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