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.

Jan 28, 2025 · A debtor is a company or individual who owes money to a lender. Debtors are also often referred to as borrowers. Read about the laws that protect them.

Dec 8, 2025 · Define the debtor role, exploring the crucial balance between a borrower's legal protections and their financial responsibilities. A debtor is a person or entity that owes a sum of …

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 …

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.

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 …

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

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

A Debtor is a Person or Entity with a Financial Obligation: At its core, a debtor is any individual, company, or government that owes money or a service to another party, the creditor, based on …