debtor

plural debtors · alternative debtour

1. economicsA person or firm that owes money; one in debt; one who owes a debt.

   The law protects both the debtor and the creditor.

   1 more example

   The debtor agreed to repay the loan within six months.

   Antonyms: creditor

2. lawOne 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.

   As a debtor, he faced constant letters from the bank.

   1 more example

   O! to Grace how great a Debtor, Daily I'm conſtrain'd to be;

   1759, Robert Robinson, “Hymn I”, in A Collection of Hymns for the Use of the Church of Christ: Meeting in Angel-Alley, Whitechappel, Margaret-Street, near Oxford-Market, and other churches in fellowship with them, London