discharge bankrupt

  • 1discharge of bankrupt — For bankrupts who do not qualify for the automatic discharge, the trustee is required within one year from the beginning of the bankruptcy to apply to the court for a hearing of the application for a discharge. The court official has several… …

    Glossary of Bankruptcy

  • 2discharge — dis·charge 1 /dis chärj, dis ˌchärj/ vt 1: to release from an obligation: as a: to relieve of a duty under an instrument (as a contract or a negotiable instrument); also: to render (an instrument) no longer enforceable a formal instrument...may… …

    Law dictionary

  • 3discharge in bankruptcy — n. The release of a bankrupt person from his or her debts. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. discharge in bankruptcy …

    Law dictionary

  • 4bankrupt — bank·rupt 1 / baŋ ˌkrəpt/ n: a debtor (as an individual or organization) whose property is subject to administration under the bankruptcy laws for the benefit of the debtor s creditors was adjudicated a bankrupt see also debtor bankrupt 2 adj:… …

    Law dictionary

  • 5discharge in bankruptcy — UK US noun [U] (UK FINANCE, LAW ► an order from a court that allows someone who is legally bankrupt to stop owing money for particular debts: »Although a bankrupt’s name may be removed from the register within a year after discharge from… …

    Financial and business terms

  • 6discharge — [dis chärj′; ] also, & for n., usually [ dis′chärj΄] vt. discharged, discharging [ME dischargen < OFr descharger < VL * discarricare, to unload < L dis , from + carrus, wagon, CAR1] 1. to relieve of or release from something that burdens …

    English World dictionary

  • 7discharge — (1) The action of releasing a lien or the document in which the creditor relinquishes a lien. Also known as a satisfaction, a release, a reconveyance, or an extinguishment. However, release tends to be used in connection with both real and… …

    Financial and business terms

  • 8discharge — dischargeable, adj. discharger, n. v. /dis chahrj /; n. /dis chahrj, dis chahrj /, v., discharged, discharging, n. v.t. 1. to relieve of a charge or load; unload: to discharge a ship. 2. to remove or send forth: They discharged the cargo at New… …

    Universalium

  • 9discharge — noun / dɪstʃɑ:dʒ/ 1. a payment of debt ♦ in full discharge of a debt as full payment of a debt 2. ♦ in discharge of her duties as director while carrying out her duties as director ■ verb /dɪs tʃɑ:dʒ/ 1. ♦ to discharge a bankrupt to release… …

    Dictionary of banking and finance

  • 10discharge — dis•charge v. [[t]dɪsˈtʃɑrdʒ[/t]] n. [[t]ˈdɪs tʃɑrdʒ, dɪsˈtʃɑrdʒ[/t]] v. charged, charg•ing, n. 1) to relieve of a charge or load; unload: to discharge a ship[/ex] 2) to remove or send forth: They discharged the cargo at New York[/ex] 3) mil to… …

    From formal English to slang