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 …

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.

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 …

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 on the bill …

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

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 to an …

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.

DEBTOR definition: a person who is in debt or under financial obligation to another (creditor ). See examples of debtor used in a sentence.

Being a debtor simply means you are the person or entity who owes a debt to another, known as the creditor. It's a fundamental concept that underpins our entire economy, from buying a coffee to …

Dec 9, 2025 · 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 the debt is …