Meaning & use

undischarged bankrupt

noun, adjective·Advancedlegallawbusinessfinance

Last updated

UK/ˌʌndɪsˌtʃɑːdʒd ˈbæŋkrʌpt/
US/ˌʌndɪsˌtʃɑːrdʒd ˈbæŋkrʌpt/

Meanings

  1. nouncountablelegallawbusinessfinance

    A person who has been declared bankrupt by a court but has not yet been officially released from that status.

    Grammar: Countable: say 'an undischarged bankrupt' or 'two undischarged bankrupts'.

    Patterns

    • be declared an undischarged bankrupt
    • remain an undischarged bankrupt for a period

    Under the law, an undischarged bankrupt cannot act as a company director.

    She remained an undischarged bankrupt until the court discharged her a year later.

    Banks often refuse loans to anyone who is still an undischarged bankrupt.

  2. adjectivebefore a nounlegallawbusinessfinance

    Still legally bankrupt, because a court has not yet ended the bankruptcy.

    Grammar: Used mainly before a noun and in legal contexts: an undischarged bankrupt estate.

    Patterns

    • be undischarged
    • remain undischarged

    He was undischarged for three years after the ruling.

    The trustee manages the property of the undischarged bankrupt person.

Word forms

pluralundischarged bankrupts

Common combinations

be declared an undischarged bankrupt
He was declared an undischarged bankrupt after failing to repay his debts.
remain an undischarged bankrupt
She remained an undischarged bankrupt until the official discharge came through.
an undischarged bankrupt's estate
The court took control of the undischarged bankrupt's estate.
discharge an undischarged bankrupt
The judge can discharge an undischarged bankrupt once the conditions are met.

Synonyms and how they differ

bankrupt
The general term for someone who cannot pay debts; 'undischarged' adds the legal detail that the bankruptcy is not yet over.
insolvent
Describes a person or company unable to pay debts, which is not always the same as having a formal bankruptcy order.

Opposites

discharged bankrupt

Word family

bankrupt adjective
Unable to pay what you owe; legally declared bankrupt.
bankruptcy noun
The legal state of being bankrupt.
discharge verb
To officially end someone's bankruptcy or release them from a debt.

Commonly confused: undischarged bankrupt or bankrupt?

undischarged bankrupt vs bankrupt

'Bankrupt' simply means unable to pay debts; 'undischarged bankrupt' is the legal status of someone still under a bankruptcy order.

Practice

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