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

Insolvent :: Insolvent (n.) One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders..
Factorize :: Factorize (v. t.) To attach (the effects of a debtor) in the hands of a third person ; to garnish. See Garnish.
Dun :: Dun (v. t. & i.) To ask or beset, as a debtor, for payment; to urge importunately..
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..
Extension :: Extension (v. t.) A written engagement on the part of a creditor, allowing a debtor further time to pay a debt..
Debitor :: Debitor (n.) A 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.
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..
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..
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..
Principal :: Principal (n.) A chief obligor, promisor, or debtor, -- as distinguished from a surety..
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..
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..
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..
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..
Extent :: Extent (n.) A process of execution by which the lands and goods of a debtor are valued and delivered to the creditor.
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..
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..
Discuss :: Discuss (v. t.) To examine or search thoroughly; to exhaust a remedy against, as against a principal debtor before proceeding against the surety..
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