Meaning of “discharged bankrupt” in the English Dictionary

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"discharged bankrupt" in Business English

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discharged bankruptnoun [ C ]

uk us FINANCE, LAW

a person or company that does not have to pay back particular debts because they are legally bankrupt:

As a discharged bankrupt you are free from the debts included in your bankruptcy.

(Definition of “discharged bankrupt” from the Cambridge Business English Dictionary © Cambridge University Press)