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 …

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 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 …

Dec 24, 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, …

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

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