Drum-Buffer-Rope is an intuitive solution to a seemingly complex problem. DBR is seen in many areas including Agile Development, Manufacturing, and Medicine (Emergency Room Visits). Itâs an effective business tool to manage the constraints that every business faces.
There are also a series of meetings and communication that the liquidator is bound to action and they will need to keep creditors informed as to the progress of the liquidation. Liquidation also means that the conduct of the former directors will be examined.
Dictionary entry overview: What does bankrupt mean? â¢ BANKRUPT (noun) The noun BANKRUPT has 1 sense: 1. someone who has insufficient assets to cover their debts Familiarity information: BANKRUPT used as a noun is very rare. â¢ BANKRUPT (adjective) The adjective BANKRUPT has 1 sense: 1. financially ruined Familiarity information: BANKRUPT used as an adjective is very rare. â¢ BANKRUPT (verb) The verb BANKRUPT has 1 sense: 1. reduce to bankruptcy Familiarity information: BANKRUPT used as a verb is very rare.