Definition of debtor in English:

debtor

noun

  • A person, country, or organization that owes money.

    ‘generally, debtors must negotiate with each creditor separately’
    [as modifier] ‘debtor countries’
    • ‘We are the world's biggest debtors, borrowing money from Japan and Europe.’
    • ‘All of which means that we are a nation of debtors, people who, in large numbers, live beyond our means.’
    • ‘In either case, the owners must pay back the debtors before getting any money back.’
    • ‘Most of the debtor businesses are now bankrupt or in liquidation.’
    • ‘The new act will make it more difficult for debtors to qualify for bankruptcy relief.’
    • ‘The lender trusts the debtor will be able to pay the principal and interest on time.’
    • ‘Sarah is now repaying £401 a month to her debtors and is determined to get back on an even keel.’
    • ‘The average time for big companies to get their money out of debtors is about two months.’
    • ‘The trustee must act as a neutral third party as between the debtors and creditors.’
    • ‘Twenty years ago we were the biggest creditor in the world, and now we are the biggest debtor.’
    • ‘The banks will not wipe out their bad debts by foreclosing on their corporate debtors and sending them to the wall.’
    • ‘Chasing debtors via the legal system wastes court time, is costly and impedes faster repayment.’
    • ‘Over the same time period, the US also moved from being a debtor to a creditor nation as its exports surged.’
    • ‘Morality and economics go hand in hand, sometimes in the past a debtor was seen as a wicked person now they are a good consumer’
    • ‘Canceling the debt gives poor or debtor countries a fresh start and provides crucial relief to people in great need.’
    • ‘Defaults are always painful, for debtors and creditors alike. And so they should be.’
    • ‘Often a student loan is the first time a debtor has borrowed money from a financial institution.’
    • ‘The scheme allows some debtors to clear debts within a specific period, without repaying the full amount.’
    • ‘Someone had to wade into this mess and force the debtors to cough something up.’
    • ‘The company has also experienced problems in monitoring its debtors.’
    borrower, mortgagor
    bankrupt, bankrupt person, insolvent, defaulter
    View synonyms

Pronunciation:

debtor

/ˈdɛtə/