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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.
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Extent
::
Extent
(n.) A
process
of
execution
by which the lands and goods of a
debtor
are
valued
and
delivered
to the
creditor.
Assets
::
Assets
(n. pl.)
Effects
of an
insolvent
debtor
or
bankrupt,
applicable
to the
payment
of
debts..
Debtor
::
Debtor
(n.) One who owes a debt; one who is
indebted;
--
correlative
to
creditor.
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..
Extension
::
Extension
(v. t.) A
written
engagement
on the part of a
creditor,
allowing
a
debtor
further
time to pay a
debt..
Trustee
::
Trustee
(v. t.) To
attach
(a
debtor's
wages,
credits,
or
property
in the hands of a third
person)
in the
interest
of the
creditor..
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..
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..
Hypothecation
::
Hypothecation
(n.) The act or
contract
by which
property
is
hypothecated;
a right which a
creditor
has in or to the
property
of his
debtor,
in
virtue
of which he may cause it to be sold and the price
appropriated
in
payment
of his debt. This is a right in the
thing,
or jus in re..
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..
Debit
::
Debit (v. t.) To enter on the
debtor
(Dr.) side of an
account;
as, to debit the
amount
of goods
sold..
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..
Creditor
::
Creditor
(n.) One who gives
credit
in
business
matters;
hence,
one to whom money is due; --
correlative
to
debtor..
Adjudication
::
Adjudication
(n.) The
decision
upon the
question
whether
the
debtor
is a
bankrupt.
Term
::
Term (n.) A space of time
granted
to a
debtor
for
discharging
his
obligation.
Fugitive
::
Fugitive
(a.)
Fleeing
from
pursuit,
danger,
restraint,
etc.,
escaping,
from
service,
duty etc.; as, a
fugitive
solder;
a
fugitive
slave;
a
fugitive
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.
Insolvent
::
Insolvent
(n.) One who is
insolvent;
as
insolvent
debtor;
-- in
England,
before
1861,
especially
applied
to
persons
not
traders..
Dun
::
Dun (n.) An
urgent
request
or
demand
of
payment;
as, he sent his
debtor
a dun..
Peon
::
Peon (n.) A day
laborer;
a
servant;
especially,
in some of the
Spanish
American
countries,
debtor
held by his
creditor
in a form of
qualified
servitude,
to work out a
debt..
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