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- What Is a Debtor and How Is It Different From a Creditor?
A debtor is a company or individual who owes money to a lender Debtors are also often referred to as borrowers Read about the laws that protect them
- Difference Between Debtors and Creditors (with examples)
Debtors – A person or a legal body that owes money to a business is generally referred to as a debtor in the eyes of that business, as he or she owes the money For a business, the amount to be received is usually a result of a loan provided, goods sold on credit, etc
- Debtor - Wikipedia
A debtor or debitor is a legal entity (legal person) that owes a debt to another entity The entity may be an individual, a firm, a government, a company or other legal person The counterparty is called a creditor When the counterpart of this debt arrangement is a bank, the debtor is more often referred to as a borrower
- DEBTOR Definition Meaning - Merriam-Webster
The meaning of DEBTOR is one guilty of neglect or violation of duty How to use debtor in a sentence
- debtor | Wex | US Law | LII Legal Information Institute
A debtor is someone who owes a debt or obligation to someone else Most commonly, this is the obligation to pay money A classic example is within the situation where a bank extends a loan to an individual or business entity, creating the obligation for the individual or business entity, as the debtor, to pay back the loan plus interest
- DEBTOR | definition in the Cambridge English Dictionary
DEBTOR meaning: 1 someone who owes money 2 someone who owes money 3 a country, organization, or person who owes… Learn more
- Debtor and creditor | Definition, Relationship, Examples . . .
debtor and creditor, relationship existing between two persons in which one, the debtor, can be compelled to furnish services, money, or goods to the other, the creditor
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