Debtor

Quick meaning: Debtor is a noun meaning (economics) A person or firm that owes money; one in debt; one who owes a debt.

Meaning

(economics) A person or firm that owes money; one in debt; one who owes a debt.

More Meanings

1. (law) One who owes another anything, or is under obligation, arising from express agreement, implication of law, or principles of natural justice, to pay money or to fulfill some other obligation; in bankruptcy or similar proceedings, the person who is the subject of the proceeding.

Example Sentences

The law protects both the debtor and the creditor.

As a debtor, he faced constant letters from the bank.

The debtor agreed to repay the loan within six months.

O! to Grace how great a Debtor, Daily I'm conſtrain'd to be;

Word Forms

• debtors
• debtour

Antonyms for debtor

Common opposites include creditor.

Related Words

Related dictionary entries include creditor, borrowing, debt, lending, borrower, receivable.

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