bankrupt's estate

bankrupt's estate
See estate in bankruptcy.

Ballentine's law dictionary. . 1998.

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  • bankrupt — 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

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  • Estate (law) — An estate is the net worth of a person at any point in time. It is the sum of a person s assets legal rights, interests and entitlements to property of any kind less all liabilities at that time. The issue is of special legal significance on a… …   Wikipedia

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  • bankrupt — adj., n., & v. adj. 1 a insolvent; declared in law unable to pay debts. b undergoing the legal process resulting from this. 2 (often foll. by of) exhausted or drained (of some quality etc.); deficient, lacking. n. 1 a an insolvent person whose… …   Useful english dictionary

  • estate — In the pristine technical sense, the degree, quantity, nature, and extent of interest which a person has in real property. 28 Am J2d Est § 1. Otherwise, a word of several meanings, neither of which imports a legal entity: the property left by a… …   Ballentine's law dictionary

  • estate — es•tate [[t]ɪˈsteɪt[/t]] n. 1) a piece of landed property, esp. one of large extent with an elaborate house on it 2) law Law. a) property or possessions b) the amount, degree, or nature of a person s interest in land or other property c) the… …   From formal English to slang

  • Hypo Real Estate — Type Government owned corporation Industry Financial services Founded 2003 …   Wikipedia

  • insolvent estate — England, Wales The assets that an insolvency practitioner may deal with for the benefit of creditors, upon his appointment to manage the affairs of an insolvent entity. In the case of an insolvent company, the insolvent estate comprises those… …   Law dictionary

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