Discharge In Bankruptcy
When a bankrupt person or company is legally free and clear of any obligation to repay certain debts.

Investopedia Says:
In other words, the creditor no longer has any right to collect an outstanding debt from the person declaring bankruptcy.

Related Terms:
Bankruptcy
Chapter 11
Chapter 13
Nondischargeable Debt
Prepackaged Bankruptcy
Priming Loan

• Accrued Market Discount
• Accumulated Earnings Tax
• Accumulated Other Comprehensive Income
• Accumulation
• Accumulation/Distribution
• Accumulation Period
• Accumulation Period
• Accumulation Plan
• Accumulation Unit
• Acid-Test Ratio
• Acquired Fund Fees And Expenses (AFFE)
• Acquired Fund Fees And Expenses (AFFE)
• Acquisition
• Acquisition Debt
• Acquisition Fee
• Acquisition Indigestion
• Acquisition Loan
• Acquisition Premium
• A-Credit
• Across The Board
• Acting In Concert
• Actionable
• Active Bond
• Active Bond Crowd
• Active Box