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.

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 counterparty …

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. For a …

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 …

Oct 1, 2024 · Debtors are the entities with unmet financial obligations in business transactions, whereas creditors are the entities owed payments.

In straightforward terms, a debtor is someone who borrows money, and a creditor is someone who lends it. Yet, it’s important to understand the key differences between a debtor vs creditor …

DEBTOR meaning: 1. someone who owes money 2. someone who owes money 3. a country, organization, or person who owes…. Learn more.

A debtor is an individual or entity that owes money to another party, typically referred to as a creditor. In the context of finance and accounting, understanding who debtors are and how …

Feb 6, 2025 · What is a Debtor? A debtor is an individual or entity that owes money to a creditor. The concept can apply to individual transactions, so that someone could be a debtor in regard …