Meaning & use
undischarged bankruptcy
Last updated
Meaning
noununcountablelegallawfinanceformal
A legal state in which a person or company is officially bankrupt and has not yet been released from that status.
Grammar: Uncountable: say in undischarged bankruptcy, not an undischarged bankruptcy.
Patterns
- be in undischarged bankruptcy
- declare undischarged bankruptcy
- an undischarged bankrupt
He could not act as a company director because he was in undischarged bankruptcy.
The court heard that the business had been in undischarged bankruptcy for over a year.
Applicants must declare any undischarged bankruptcy when applying for a loan.
Common combinations
- be in undischarged bankruptcy
- She was in undischarged bankruptcy and therefore could not sign the contract.
- declare undischarged bankruptcy
- He was required to declare undischarged bankruptcy on the form.
- an undischarged bankrupt
- The law prevents an undischarged bankrupt from serving as a director.
- discharge from bankruptcy
- After three years he finally received a discharge from bankruptcy.
Synonyms and how they differ
- bankruptcy
- The general term; undischarged bankruptcy specifically means the status has not yet ended.
Opposites
Word family
- bankrupt adjective
- Legally unable to pay what you owe.
- bankruptcy noun
- The legal state of being bankrupt.
- discharge verb
- To officially release someone from bankruptcy or a debt.
- undischarged adjective
- Not yet officially released or settled.
Commonly confused: undischarged bankruptcy or discharged bankruptcy?
undischarged bankruptcy vs discharged bankruptcy
Discharged bankruptcy means the bankruptcy has officially ended; undischarged means it is still in force.
Practice
Under company law, a person who is in ______ bankruptcy may be barred from acting as a director.
Choose one answer.
Undischarged means the bankruptcy is still in effect, which is the legal restriction described. Discharged (option 1) means it has ended, and unpaid and unsecured describe debts, not the person's bankruptcy status.
Make it your own
Write a sentence using “undischarged bankruptcy”, then check it and compare it with the examples above.