act of bankruptcy

variants or act of insolvency
: an act specified by law as subjecting a person to be proceeded against as an involuntary bankrupt or insolvent

Word History

First Known Use

1766, in the meaning defined above

Time Traveler
The first known use of act of bankruptcy was in 1766

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Dictionary Entries Near act of bankruptcy

Cite this Entry

“Act of bankruptcy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/act%20of%20bankruptcy. Accessed 14 Jul. 2024.

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