Definition of debtor

Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of debtor is as below...

Debtor (n.) One who owes a debt; one who is indebted; -- correlative to creditor.

Lern More About Debtor

Pledge :: Pledge (n.) The transfer of possession of personal property from a debtor to a creditor as security for a debt or engagement; also, the contract created between the debtor and creditor by a thing being so delivered or deposited, forming a species of bailment; also, that which is so delivered or deposited; something put in pawn..
Joint :: "Joint (a.) United, joined, or sharing with another or with others; not solitary in interest or action; holding in common with an associate, or with associates; acting together; as, joint heir; joint creditor; joint debtor, etc..
Insolvent :: Insolvent (a.) Not solvent; not having sufficient estate to pay one's debts; unable to pay one's debts as they fall due, in the ordinary course of trade and business; as, in insolvent debtor..
Delegation :: Delegation (n.) A kind of novation by which a debtor, to be liberated from his creditor, gives him a third person, who becomes obliged in his stead to the creditor, or to the person appointed by him..
Creditor :: Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..
Fugitive :: Fugitive (a.) Fleeing from pursuit, danger, restraint, etc., escaping, from service, duty etc.; as, a fugitive solder; a fugitive slave; a fugitive debtor..
Recoverable :: Recoverable (a.) Capable of being recovered or regained; capable of being brought back to a former condition, as from sickness, misfortune, etc.; obtainable from a debtor or possessor; as, the debt is recoverable; goods lost or sunk in the ocean are not recoverable..
Extent :: Extent (n.) A peculiar species of execution upon debts due to the crown, under which the lands and goods of the debtor may be seized to secure payment..
Dun :: Dun (v. t. & i.) To ask or beset, as a debtor, for payment; to urge importunately..
Insolvent :: Insolvent (n.) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders..
Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..
Abscond :: Abscond (v. i.) To depart clandestinely; to steal off and secrete one's self; -- used especially of persons who withdraw to avoid a legal process; as, an absconding debtor..
Debtee :: Debtee (n.) One to whom a debt is due; creditor; -- correlative to debtor.
Compensation :: Compensation (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
Empower :: Empower (v. t.) To give authority to; to delegate power to; to commission; to authorize (having commonly a legal force); as, the Supreme Court is empowered to try and decide cases, civil or criminal; the attorney is empowered to sign an acquittance, and discharge the debtor..
Hypotheca :: Hypotheca (n.) An obligation by which property of a debtor was made over to his creditor in security of his debt.
Term :: Term (n.) A space of time granted to a debtor for discharging his obligation.
Debit :: Debit (v. t.) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold..
Discharge :: Discharge (v. t.) Act of relieving of something which oppresses or weighs upon one, as an obligation, liability, debt, accusation, etc.; acquittance; as, the discharge of a debtor..
Garnishee :: Garnishee (n.) One who is garnished; a person upon whom garnishment has been served in a suit by a creditor against a debtor, such person holding property belonging to the debtor, or owing him money..
Random Fonts
Most Popular

close
Privacy Policy   GDPR Policy   Terms & Conditions   Contact Us