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词汇 trustee in bankruptcy
释义

Definition of trustee in bankruptcy in English:

trustee in bankruptcy

noun
Law
  • A person taking administrative responsibility for the financial affairs of a bankrupt and the distribution of assets to creditors.

    〔律〕破产财产管理人,破产财产受托人

    Example sentencesExamples
    • Have you received the consent of the trustee in bankruptcy of your bankrupt estate to bring this application?
    • Several defendants were named, including the former trustee in bankruptcy.
    • Had he found out at that stage, it would have been clear that the estate was already in bankruptcy and in the hands of the trustee in bankruptcy.
    • On bankruptcy, the assets of the bankrupt vest in his trustee in bankruptcy whose duty is to realize these so far as possible to meet his debts.
    • This is an involuntary effect of the law relating to bankruptcy which transfers the bankrupt's interest to his trustee in bankruptcy when a bankruptcy order is made.

Definition of trustee in bankruptcy in US English:

trustee in bankruptcy

noun
Law
  • A person taking administrative responsibility for the financial affairs of a bankrupt and the distribution of assets to creditors.

    〔律〕破产财产管理人,破产财产受托人

    Example sentencesExamples
    • This is an involuntary effect of the law relating to bankruptcy which transfers the bankrupt's interest to his trustee in bankruptcy when a bankruptcy order is made.
    • Had he found out at that stage, it would have been clear that the estate was already in bankruptcy and in the hands of the trustee in bankruptcy.
    • On bankruptcy, the assets of the bankrupt vest in his trustee in bankruptcy whose duty is to realize these so far as possible to meet his debts.
    • Have you received the consent of the trustee in bankruptcy of your bankrupt estate to bring this application?
    • Several defendants were named, including the former trustee in bankruptcy.
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