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trustee in bankruptcy

American  

noun

Law.
  1. a person appointed by a court to administer the property of a bankrupt.


trustee in bankruptcy British  

noun

  1. a person entrusted with the administration of a bankrupt's affairs and with realizing his or her assets for the benefit of the creditors

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He says the bank has made no effort to try to reverse the bankruptcy and the trustee in bankruptcy now wants to control the claim for compensation.

From BBC • Jun. 30, 2017

The trustee in bankruptcy declared his allegations of unfairness offensive and insulting.

From The Guardian • Aug. 26, 2010

Three years later MOP was in the hands of a trustee in bankruptcy.

From Time Magazine Archive

But lawyers who lost a lucrative business have yowled long and loud against appointing a corporation trustee in bankruptcy cases.

From Time Magazine Archive

The English act vests all the bankrupt's property, whether in the United Kingdom or in the colonies, in his trustee in bankruptcy.

From Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 "Baconthorpe" to "Bankruptcy" by Various