vbl. sb. [f. BANKRUPT v. + -ING1.] The becoming or being bankrupt; an earlier term for BANKRUPTCY.
1577. Northbrooke, Dicing (1843), 119. It is a doore and windowe intopouertie, bankrupting.
1689. Def. Liberty agst. Tyrants, 144. Can the bankrumpting of one of the Obligees quit the rest of their ingagement?