A person who has com-mitted an act of bankruptcy; one who has done some act or suffered some act to be done in consequence of which, under the laws of hls country, he is liable to be proceeded against by his creditors for tbe seizure and distribution among them of his entire prop-erty. Ashby v. Steere, 2 woodb. & M. 2147, 2 Fed. Cas. 15; In re Scott, 21 Fed. Cas. 803; U. S. v. Pusey, 27 Fed. Cas. 632
Source: Black's Law Dictionary 2nd Ed (1910)
