discharge in bankruptcy Meaning in the Cambridge English Dictionary
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Meaning of “discharge in bankruptcy” in the English Dictionary

"discharge in bankruptcy" in Business English

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discharge in bankruptcynoun [U]

uk   us   (also bankruptcy discharge, discharge from bankruptcy, discharge of bankruptcy) UK FINANCE, LAW
an ​order from a ​court that ​allows someone who is ​legallybankrupt to ​stopowingmoney for particular ​debts: Although a bankrupt’s ​name may be ​removed from the ​register within a ​year after ​discharge from ​bankruptcy, ​creditreferenceagencies may ​keeprecords for six to ten ​years.
(Definition of discharge in bankruptcy from the Cambridge Business English Dictionary © Cambridge University Press)
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