BKRPT in Legal Meaning
The BKRPT meaning in Legal terms is "Bankruptcy". There are 1 related meanings of the BKRPT Legal abbreviation.
BKRPT on Legal Full Forms
- Bankruptcy The legal process that a person or firm goes through if they are unable to pay their debts. The process seeks an orderly sharing of the losses by creditors and a chance to start fresh, usually after some delay, for the debtor. No such process exists for national governments or countries, exacerbating the problems of debt crisis and financial crisis.
Frequently Asked Questions (FAQ)
What does BKRPT stand for Legal?
BKRPT stands for Bankruptcy in Legal terms.
What is the shortened form of Bankruptcy in Legal?
The short form of "Bankruptcy" is BKRPT for Legal.
Citation
BKRPT in Legal. Acronym24.com. (2020, October 20). Retrieved February 11, 2025 from https://acronym24.com/bkrpt-meaning-in-legal/
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