Debtor definition

dĕtər
Frequency:
The definition of a debtor is someone who owes money or an obligation to a creditor.

If you owe money on your credit cards, this is an example of a time when you are a debtor.

noun
2
0
One who is guilty of a trespass or sin; a sinner.
noun
2
0
One that owes something to another.
noun
0
0
A person, company, nation, etc. that owes something to another or others.
noun
0
0
A person or entity who seeks voluntary relief under the Bankruptcy Code or who has been forced involuntarily into a Chapter 7 or 11 bankruptcy case by petitioning creditors.
0
0
Advertisement
One who owes a fixed sum of money to another; a person or entity filing, or becoming the subject of, a bankruptcy action.
noun
0
0
A debtor allowed by the bankruptcy court to continue operation of the business during the proceedings.
0
0
Two or more persons both liable for the same debt.
0
0
One who owes a sum of money to another by virtue of a judgment that has previously been rendered.
0
0
(economics) A person or firm that owes money; one in debt; one who owes a debt.
noun
0
0
Advertisement
(law) One who owes another anything, or is under obligation, arising from express agreement, implication of law, or principles of natural justice, to pay money or to fulfill some other obligation; in bankruptcy or similar proceedings, the person who is the subject of the proceeding.
noun
0
0

Other Word Forms

Noun

Singular:
debtor
Plural:
debtors

Origin of debtor

  • Middle English dettour from Old French dettor from Latin dēbitor from dēbitus past participle of dēbēre to owe debt

    From American Heritage Dictionary of the English Language, 5th Edition

  • From Old French detour, from Latin debitor

    From Wiktionary