Dec 8, 2025 · A debtor is a person or entity that owes a sum of money or is obligated to perform a specific action under a legally enforceable agreement. This obligation arises from a transaction …

Jan 28, 2025 · Debtors are individuals or businesses that owe money to financial institutions or individuals. Debtors are often referred to as borrowers if they owe money to a bank or financial …

debtor and creditor, relationship existing between two persons in which one, the debtor, can be compelled to furnish services, money, or goods to the other, the creditor.

A debtor is someone who owes a debt or obligation to someone else. Most commonly, this is the obligation to pay money. A classic example is within the situation where a bank extends a loan …

A debtor or debitor is a legal entity (legal person) that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person.

The meaning of DEBTOR is one guilty of neglect or violation of duty. How to use debtor in a sentence.

1 day ago · What Is a Debtor? A debtor is a company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower, and if …

Jan 7, 2026 · A debtor is someone who owes money to a creditor, usually from borrowing funds or obtaining credit, while a buyer is someone who purchases goods or services from a seller in …

Nov 10, 2018 · Debtors – A person or a legal body that owes money to a business is generally referred to as a debtor in the eyes of that business, as he or she owes the money.

Student loans force students to graduate as debtors. The Federal Deposit Insurance Corporation was appointed receiver of the debtor's assets. When a client is issued with a bill, the amount …