Focus on the pronunciation of assignee in bankruptcy
English definition of “assignee in bankruptcy”
assignee in bankruptcy
noun [C] (plural assignees in bankruptcy) (also trustee in bankruptcy)
› LAW a court official who is responsible for dealing with a bankrupt person’s assets and paying their debts as well as checking on their actions during the period they are bankrupt: The official assignee in bankruptcy will now deal with Mr Holden's creditors, who are owed more than 10 million euros.