What is the meaning of bankrupt?

bankrupt is the entity that files a bankruptcy; the debtor; the insolvent entity. This is a non-technical term and is not used in the Bankruptcy Code.

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APABarry Goldsmith. (2010). bankrupt. Retrieved September 25, 2026, from http://smartdefine.org/bankrupt/definitions/1148377
ChicagoBarry Goldsmith. 2010. "bankrupt" http://smartdefine.org/bankrupt/definitions/1148377 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, bankrupt, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/bankrupt/definitions/1148377>.
MLABarry Goldsmith. "bankrupt" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/bankrupt/definitions/1148377>
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