1. (Old Eng. Low) A trader who secretes himself, or does certain other acts tending to defraud his creditors. Blackstone. 2. 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. M 3. (Law) A person who, in accordance with the terms of a law relating to bankruptcy, has been judicially declared to be unable to...
