Part 898

<i>Grabb. J. Q. Adams.</i>

<p><b>5.</b> <def>A ditcher; a drain digger.</def> <mark>[Prov. Eng.]</mark>

<p><b>6.</b> <def>The stone bench on which masons cut or square their work.</def>

<i>Weale.</i>

<h1>Bankeress</h1> <Xpage=117>

<hw>Bank"er*ess</hw> <tt>(?)</tt>, <tt>n.</tt> <def>A female banker.</def>

<i>Thackeray.</i>

<h1>Banking</h1> <Xpage=117>

<hw>Bank"ing</hw>, <tt>n.</tt> <def>The business of a bank or of a banker.</def>

<cs><col>Banking house</col>, <cd>an establishment or office in which, or a firm by whom, banking is done.</cd></cs>

<h1>Bank note</h1> <Xpage=117>

<hw>Bank" note`</hw> <tt>(?)</tt>. <p><b>1.</b> <def>A promissory note issued by a bank or banking company, payable to bearer on demand.</def>

<note>&hand; In the United States popularly called a <i>bank bill</i>.</note>

<p><b>2.</b> <def>Formerly, a promissory note made by a banker, or banking company, payable to a specified person at a fixed date; a bank bill. See <er>Bank bill</er>, 2.</def> <mark>[Obs.]</mark>

<p><b>3.</b> <def>A promissory note payable at a bank.</def>

<h1>Bankrupt</h1> <Xpage=117>

<hw>Bank"rupt</hw> <tt>(?)</tt>, <tt>n.</tt> <ety>[F. <ets>banqueroute</ets>, fr. It. <ets>bancarotta</ets> bankruptcy; <ets>banca</ets> bank (fr. OHG. <ets>banch</ets>, G. <ets>bank</ets>, bench) + <ets>rotta</ets> broken, fr. L. <ets>ruptus</ets>, p.p. of <ets>rumpere</ets> to break. At Florence, it is said, the bankrupt had his bench ( i.e., money table) broken. See 1st <er>Bank</er>, and <er>Rupture</er>, <tt>n.</tt>]</ety> <p><b>1.</b> <fld>(Old Eng. Low)</fld> <def>A trader who secretes himself, or does certain other acts tending to defraud his creditors.</def>

<i>Blackstone.</i>

<p><b>2.</b> <def>A trader who becomes unable to pay his debts; an insolvent trader; popularly, any person who is unable to pay his debts; an insolvent person.</def>

<i>M<?/Culloch.</i>

<p><b>3.</b> <fld>(Law)</fld> <def>A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to meet his liabilities.</def>

<note>&hand; In England, until the year 1861 none but a "trader" could be made a bankrupt; a non-trader failing to meet his liabilities being an "insolvent". But this distinction was abolished by the Bankruptcy Act of 1861. The laws of 1841 and 1867 of the United States relating to bankruptcy applied this designation <i>bankrupt</i> to others besides those engaged in trade.</note>

<h1>Bankrupt</h1> <Xpage=117>

<hw>Bank"rupt</hw>, <tt>a.</tt> <p><b>1.</b> <def>Being a bankrupt or in a condition of bankruptcy; unable to pay, or legally discharged from paying, one's debts; <as>as, a <ex>bankrupt</ex> merchant</as>.</def>

<p><b>2.</b> <def>Depleted of money; not having the means of meeting pecuniary liabilities; <as>as, a <ex>bankrupt</ex> treasury</as>.</def>

<p><b>3.</b> <def>Relating to bankrupts and bankruptcy.</def>

<p><b>4.</b> <def>Destitute of, or wholly wanting (something once possessed, or something one should possess).</def> "<i>Bankrupt</i> in gratitude.</def>"

<i>Sheridan.</i>