Definition of debtor

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

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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..
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..
Debtee :: Debtee (n.) One to whom a debt is due; creditor; -- correlative to debtor.
Adjudication :: Adjudication (n.) The decision upon the question whether the debtor is a bankrupt.
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..
Debitor :: Debitor (n.) A debtor.
Seize :: Seize (v. t.) To take possession of by virtue of a warrant or other legal authority; as, the sheriff seized the debtor's goods..
Assets :: Assets (n. pl.) Effects of an insolvent debtor or bankrupt, applicable to the payment of debts..
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..
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..
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..
Debit :: Debit (v. t.) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold..
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..
Principal :: Principal (n.) A chief obligor, promisor, or debtor, -- as distinguished from a surety..
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..
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..
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..
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..
Insolvent :: Insolvent (n.) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders..
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