Bankrupting
/ˈbæŋkrʌptɪŋ/
Definitions
- (v.) Present participle of bankrupt, meaning causing a person or entity to become insolvent or financially unable to pay debts.
The company is accused of bankrupting its competitor through unfair practices.
Forms
- bankrupt
Related terms
See also
Commentary
As a gerund or present participle, 'bankrupting' functions as a verbal form derived from the verb 'bankrupt' and does not have an independent legal definition.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.