Debtor

Debtor,

Definition of Debtor:

  1. A person or institution that owes a sum of money.

  2. A person who owes money.

  3. A debtor is a company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower, and if the debt is in the form of securities – such as bonds – the debtor is referred to as an issuer. Legally, someone who files a voluntary petition to declare bankruptcy is also considered a debtor.

  4. It is not a crime to fail to pay a debt. Except in certain bankruptcy situations, debtors can prioritize their debt repayments as they like, but if they fail to honor the terms of their debt, they may face fees and penalties as well as a drop in their credit scores. Additionally, the creditor may take the debtor to court over the matter. This lay lead to liens or encumbrances.

Synonyms of Debtor

Borrower, Mortgagor

How to use Debtor in a sentence?

  1. As the fledgling company sank further into financial ruin, its debtor status was very obvious by the fact that so many bills were behind it could barely keep on the lights.
  2. If you are a debtor it is best to pay off what you owe quickly so you dont have an adverse reaction to your credit score.
  3. Generally, debtors must negotiate with each creditor separately.
  4. If someone is a debtor to you it is important that you keep on them to pay you back but also dont step on their toes.

Meaning of Debtor & Debtor Definition

Debtor,

Definition of Debtor:

Debtor can be defined as, The debtor is the company or person who owes the debt. If the debt is a debt of a financial institution, the debtor is called a debtor. For bonds such as bonds, the borrower is called the issuer. Anyone who voluntarily declares bankruptcy is legally indebted.

Debtor definition is: The person or company you owe.

A person whose other party is owed.

The portion owed to the believer's money or other assets.

A person whose money is owed.

Meanings of Debtor

  1. A person or entity that owes a lot of money.

Sentences of Debtor

  1. In principle, the debtor must negotiate with each lender separately.

Debtor,

What is Debtor?

The definition of Debtor is: A person or company that owns your company's money.

Debtor,

Debtor Meanings:

A debtor is a company or person who owes money. If the loan is a loan from a financial institution, the borrower is called a borrower. For securities such as bonds, the debtor is called the issuer. By law, people who voluntarily file for bankruptcy are also considered debtors.

Debtor refers to The person or company that owes you money.

One person owes another person money.

Meaning of Debtor: The party that owes money or some other ETS to a believer.

A person who is indebted to a debtor.

A simple definition of Debtor is: A person or company that owes you or your company's money.

Meanings of Debtor

  1. A person, country or organization that owes money.

Sentences of Debtor

  1. In principle, the debtor should communicate with each lender separately.

Synonyms of Debtor

defaulter, insolvent, bankrupt person, bankrupt

Debtor,

How To Define Debtor?

Debtor
  1. A simple definition of Debtor is: James Chen, CMT, is an experienced trader, investment advisor and global market strategist. He is the author of books on John Wiley & Sons' trade and technical business and has been a visiting researcher at CNBC, Bloomberg TV, Forbes and Reuters, among other financial companies.

    • A debtor is a person or company that owes money, whether it is a bank or someone else.
    • Lenders are often referred to as lenders when money is owed to a bank or financial institution, whereas if the loan takes the form of a bond, they are called issuers.
    • Lenders cannot go to jail if they do not pay their customers' debts (such as credit cards).
    • The Fair Debt Collection Practices Act (FDCPA) prohibits all debt collection agencies from threatening lenders with imprisonment, but courts can send lenders to jail for unpaid taxes or child support.
    • If collateral is available, lenders may have other legal actions, such as:

  2. The person or company to which you owe money.

  3. One person owes money to another.

  4. You can define Debtor as, The person who owes money.

  5. A person or company to which you or your company owe money.

Meanings of Debtor

  1. A person, country or organization to which money is owed.