bank post (bangkpost)

[ Being bank - rout both of wealth and worth. Chapman , Byron's Tragedy, v. 1. For these modern languages will at one time or other play the bank - rowtes with books; and since I have lost much time with this age, I would be glad, as God shall give me leave, to recover it with posterity. Bacon, Letter, in Spedding, VII. 436. bankrupt (bangk'rupt), n . and a . [Early mod. E. bankrout, banker out, ban que route, etc., later bankruptcy banqueroupt, and finally bankrupt (in imitation of L. ruptus ), ban que rout tier, a bankrupt), orig. in E. banke rota (def. 1), (b) A fugitive from his creditors; one who by extravagance and reckle expenditure had brought himself into a state of insolvency and had absconded, or retired into a place of sanctuary. (c) In mod. law, any person who upon his own petition or that of his creditors is adjudged insolvent by a bankruptcy court. His estate may be administered by an a ignee or trustee, under the direction of the court, for the benefit of the creditors. 3. In popular language, a hopele ly insolvent person; one who is notoriously unable to pay his debts; hence, one who is unable to satisfy just claims of any kind made upon him. What a bankrupt I am made Of a full stock of ble ings. Ce ionary bankrupt. See ce ionary. Ford . II. a. 1. In the state of one who has committed an act of bankruptcy, or is insolvent; subject to or under leg a legal proce because of insolvency. -2. Unable to pay just debts, or to meet one's obligations; insolvent. Willo . The king's grown bankrupt , like a broken man.... Ro . He hath not money for these Irish wars, His bur the no us taxations notwithstanding. Shak ., Rich. II., ii. 1. The beggared, the bankrupt society, not only proved able to meet all its obligations, but grew richer and richer. Macaulay , Hist. Eng., xix. 3. Figuratively, at the end of one's resources: as, to be bankrupt in thanks. Do you see? he has tears To lend to him whom prodigal expence Of sorrow has made bankrupt of such treasure. Beau, and Fl . , Thierry and Theodoret, iv. 2. Bankrupt laws. Same as bankruptcy laws (which see, under bankruptcy ).