Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “discharge in bankruptcy”

discharge in bankruptcy

noun [U]
 
 
(also bankruptcy discharge, discharge from bankruptcy, discharge of bankruptcy) UK FINANCE, LAW
an order from a court that allows someone who is legally bankrupt to stop owing money for particular debts: Although a bankrupt’s name may be removed from the register within a year after discharge from bankruptcy, credit reference agencies may keep records for six to ten years.
(Definition of discharge in bankruptcy from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of discharge in bankruptcy?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hello stranger

said to a person that you know but have not seen for a long time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More