Bankrupt
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
(See "Banque.") A person against whom an involuntary petition or an application to set a composition aside has been filed, or who has filed a voluntary petition, or who has been adjudged a bankrupt.
TJ. S. Bankrupt Act 1898, § 1.
Loosely used for "insolvent." (q. v.)