Definition of debtor

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

Lern More About Debtor

Debit :: Debit (v. t.) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold..
Principal :: Principal (n.) A chief obligor, promisor, or debtor, -- as distinguished from a surety..
Debitor :: Debitor (n.) A debtor.
Debit :: Debit (n.) A debt; an entry on the debtor (Dr.) side of an account; -- mostly used adjectively; as, the debit side of an account..
Debtee :: Debtee (n.) One to whom a debt is due; creditor; -- correlative to debtor.
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..
Factorize :: Factorize (v. t.) To attach (the effects of a debtor) in the hands of a third person ; to garnish. See Garnish.
Asylum :: Asylum (n.) A sanctuary or place of refuge and protection, where criminals and debtors found shelter, and from which they could not be forcibly taken without sacrilege..
Debtor :: Debtor (n.) One who owes a debt; one who is indebted; -- correlative to creditor.
Extent :: Extent (n.) A process of execution by which the lands and goods of a debtor are valued and delivered to the creditor.
Alsatian :: Alsatian (n.) An inhabitant of Alsatia or Alsace in Germany, or of Alsatia or White Friars (a resort of debtors and criminals) in London..
Dun :: Dun (n.) An urgent request or demand of payment; as, he sent his debtor a dun..
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..
Hypotheca :: Hypotheca (n.) An obligation by which property of a debtor was made over to his creditor in security of his debt.
Insolvent :: Insolvent (n.) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders..
Creditor :: Creditor (n.) One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor..
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..
Term :: Term (n.) A space of time granted to a debtor for discharging his obligation.
Adjudication :: Adjudication (n.) The decision upon the question whether the debtor is a bankrupt.
Subrotund :: Subrogation (n.) The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor..
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