Associations to the word «Debtor»

Wiktionary

DEBTOR, noun. (economics) A person or firm that owes money; one in debt; one who owes a debt
DEBTOR, noun. (legal) 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.
DEBTOR IN POSSESSION, noun. (finance) (legal) (US) A natural person or corporation that has filed a bankruptcy petition, but remains in possession of property upon which a creditor has a lien or similar security interest. Such a business may continue to operate its business under Chapter 11 bankruptcy protection.

Dictionary definition

DEBTOR, noun. A person who owes a creditor; someone who has the obligation of paying a debt.

Wise words

The most important things are the hardest things to say. They are the things you get ashamed of because words diminish your feelings - words shrink things that seem timeless when they are in your head to no more than living size when they are brought out.
Stephen King