Definitions for "Debtor"
One who owes a debt; one who is indebted; -- correlative to creditor.
A party who "owns" the property that is subject to a security interest. A person who owes a debt Back to the Top
An individual or company that owes debt to another individual or company (the creditor), as a result of borrowing or issuing bonds. also called obligor. see also creditor, bankruptcy, borrow, lien.
Keywords:  decedent
The party owing a debt to another party in insolvency proceedings. EU initiatives to develop uniform procedures on insolvency proceedings will make it more difficult for a debtor to escape obligations. (See Judicial-civil: Insolvency)
This is the party who "owns" the property which is subject to the Security Interest. Previously he/she was known as the mortgagor or the pledgor, etc.
an individual, partnership, corporation or limited liabil
Any company, partnership, corporation, or individual who extends credit to another and therefore reserves the right to be repaid that credit (Ex. credit card company).
Keywords:  revenues, expenses
revenues and expenses
The owner of the property who is subject to the security interest (promissory note).
Debtor is one of the account balances in financial statements. Usually it is presented as one of current assets.