debtor Definition
a person or organization that owes money.
Using debtor: Examples
Take a moment to familiarize yourself with how "debtor" can be used in various situations through the following examples!
Example
The company is a debtor to several banks.
Example
He is a debtor to his creditors.
Example
The debtor was ordered to pay the full amount owed.
Example
The debtor's prison was a place where people who could not pay their debts were sent.
debtor Synonyms and Antonyms
Phrases with debtor
Example
The company has had to write off many bad debtors.
a person who intends to pay their debts but is unable to do so due to financial difficulties
Example
The bank worked out a repayment plan with the honest debtor.
a person who is jointly responsible for repaying a debt along with one or more other people
Example
The couple were joint debtors on the loan.
Origins of debtor
from Old French 'detor', from Latin 'debitor', from 'debere' meaning 'to owe'
Summary: debtor in Brief
'Debtor' [ˈdɛtər] refers to a person or organization that owes money. It can be used in phrases like 'bad debtor,' referring to someone who doesn't pay their debts, and 'honest debtor,' referring to someone who intends to pay but can't. The term also extends to legal contexts, such as 'debtor's prison,' where people who can't pay their debts are sent.
