What is ORDER OF DISCHARGE?

1. Bankruptcy: Court order that frees the bankrupt from legal obligations to pay off current debts. 2. Contracting: Court order that ends a contractual obligation between two or more parties.

More On This Topic




Link to This Definition

Did you find this definition of ORDER OF DISCHARGE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary