124. Meaning of 'bankrupt' and associated terminology.

6.     Bankruptcy

(1)     Bankruptcy Petitions and Applications

(i)     In General

124.     Meaning of 'bankrupt' and associated terminology.

'Bankrupt' means an individual who has been made bankrupt and, in relation to a bankruptcy order, it means the individual made bankrupt by that order1. 'Bankruptcy application' means an application to an adjudicator for a bankruptcy order2. Bankruptcy order' means an order making an individual bankrupt3; and 'bankruptcy petition' means a petition to the court4 for a bankruptcy order5.