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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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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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