Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

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.
(Definition of assignee in bankruptcy from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of assignee in bankruptcy?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “assignee in bankruptcy”

Word of the Day

improvisation

a performance that an actor, musician, etc. has not practised or planned

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More