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Bankruptcy

BANK'RUPTCY, n. The state of being a bankrupt, or insolvent; inability to pay all debts. 2. The act of becoming a bankrupt; the act of rendering one's self a bankrupt, as by absconding, or otherwise; failure i...

Webster Dictionary
English dictionary 16.3 MB

Meaning

BANK'RUPTCY, n. The state of being a bankrupt, or insolvent; inability to pay all debts.

2. The act of becoming a bankrupt; the act of rendering one's self a bankrupt, as by absconding, or otherwise; failure in trade.

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