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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.
Lern More About Debtor
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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.
Discuss
::
Discuss
(v. t.) To
examine
or
search
thoroughly;
to
exhaust
a
remedy
against,
as
against
a
principal
debtor
before
proceeding
against
the
surety..
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..
Dun
::
Dun (v. t. & i.) To ask or
beset,
as a
debtor,
for
payment;
to urge
importunately..
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..
Assets
::
Assets
(n. pl.)
Effects
of an
insolvent
debtor
or
bankrupt,
applicable
to the
payment
of
debts..
Debitor
::
Debitor
(n.) A
debtor.
Debtor
::
Debtor
(n.) One who owes a debt; one who is
indebted;
--
correlative
to
creditor.
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..
Extent
::
Extent
(n.) A
process
of
execution
by which the lands and goods of a
debtor
are
valued
and
delivered
to the
creditor.
Insolvent
::
Insolvent
(a.) Not
solvent;
not
having
sufficient
estate
to pay one's
debts;
unable
to pay one's debts as they fall due, in the
ordinary
course
of trade and
business;
as, in
insolvent
debtor..
Insolvent
::
Insolvent
(n.) One who is
insolvent;
as
insolvent
debtor;
-- in
England,
before
1861,
especially
applied
to
persons
not
traders..
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..
Factorize
::
Factorize
(v. t.) To
attach
(the
effects
of a
debtor)
in the hands of a third
person
; to
garnish.
See
Garnish.
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..
Term
::
Term (n.) A space of time
granted
to a
debtor
for
discharging
his
obligation.
Dun
::
Dun (n.) An
urgent
request
or
demand
of
payment;
as, he sent his
debtor
a dun..
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..
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..
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..
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