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.

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 …

Aug 18, 2025 · A debtor is an individual, entity, or organization that owes money to another party. This status arises when funds are borrowed or services are received with an agreement for future payment.

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.

2 days 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 the debt is …

Nov 21, 2025 · A debtor is defined as an individual or entity obligated to repay a financial debt to another party, known as a creditor. Their obligations might arise from lending agreements, purchased goods, …

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 …

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