Bankruptcy Bank"rupt*cy, n.; pl. {Bankruptcies}. 1. The state of being actually or legally bankrupt. [1913 Webster]

2. The act or process of becoming a bankrupt. [1913 Webster]

3. Complete loss; -- followed by of. [1913 Webster]

The Collaborative International Dictionary of English. 2000.


Look at other dictionaries:

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  • bankruptcy — /bangk rupt see, reuhp see/, n., pl. bankruptcies. 1. the state of being or becoming bankrupt. 2. utter ruin, failure, depletion, or the like. [1690 1700; BANKRUPT + CY] * * * Status of a debtor who has been declared by judicial process to be… …   Universalium

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