trustee in bankruptcy Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "trustee in bankruptcy" - Business English Dictionary

trustee in bankruptcy

noun [C]
 
 
( also assignee in bankruptcy, also bankruptcy trustee) LAW
an expert chosen by a court to deal with the assets of a bankrupt person or business, pay their debts, and check on their actions, for example, that they are not hiding assets: When you went bankrupt, all your assets became the property of your trustee in bankruptcy.
→  Compare administrator , insolvency practitioner , receiver
(Definition of trustee in bankruptcy from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of trustee in bankruptcy?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “trustee in bankruptcy”

Word of the Day
child benefit

money received regularly by families from the government to help pay for the costs of taking care of children

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

responsible luxury noun
responsible luxury noun
August 03, 2015
high-end, green tourism and hospitality Jumeirah’s ‘responsible luxury’ approach is an example of a sustainable travel experience – future guests will enjoy the environment as much as today’s.

Read More