debtor
IPA: dˈɛtɝ
noun
- (economics) A person or firm that owes money; one in debt; one who owes a debt.
- (law) One who owes another anything, or is under obligation, arising from express agreement, implication of law, or principles of natural justice, to pay money or to fulfill some other obligation; in bankruptcy or similar proceedings, the person who is the subject of the proceeding.
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Examples of "debtor" in Sentences
- The debtor threw the dust over their shoulder.
- The debtor's wife held the creditor to ransom.
- The debtors misapprehend the ability of the court.
- The debtor by whom the money is due is called garnishee.
- But the failure to come to court can only hurt the debtor.
- Assume the debtor defaults and his only asset is the automobile.
- The Plasencia Group is serving as investment advisor to the Debtor.
- In regard to credit balances, the banker is the debtor of his customer.
- By giving the lender the cloak as well the debtor was reduced to nakedness.
- The French and Germans are amongst the biggest debtor nations in the world.
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