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

Debitor :: Debitor (n.) A 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..
Appropriation :: Appropriation (n.) The application of payment of money by a debtor to his creditor, to one of several debts which are due from the former to the latter..
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..
Adjudication :: Adjudication (n.) The decision upon the question whether the debtor is a bankrupt.
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..
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..
Dun :: Dun (n.) An urgent request or demand of payment; as, he sent his debtor a dun..
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..
Insolvent :: Insolvent (n.) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders..
Extent :: Extent (n.) A process of execution by which the lands and goods of a debtor are valued and delivered to the creditor.
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..
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..
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..
Term :: Term (n.) A space of time granted to a debtor for discharging his obligation.
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..
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..
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..
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.
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