3. Relating to bankrupts and bankruptcy.
4. Destitute of, or wholly wanting (something once possessed, or something one should possess). "Bankrupt in gratitude." Sheridan. Bankrupt law, a law by which the property of a person who is unable or unwilling to pay his debts may be taken and distributed to his creditors, and by which a person who has made a full surrender of his property, and is free from fraud, may be discharged from the legal obligation of his debts. See Insolvent, a.
BANKRUPT
Bank"rupt, v. t. [imp. & p. p. Bankrupted; p. pr. & vb. n.
Bankrupting.]
Defn: To make bankrupt; to bring financial ruin upon; to impoverish.
BANKRUPTCY
Bank"rupt*cy, n.; pl. Bankruptcies(
1. The state of being actually or legally bankrupt.
2. The act or process of becoming a bankrupt.
3. Complete loss; — followed by of.
BANKSIDE
Bank"side`, n.
Defn: The slope of a bank, especially of the bank of a steam.