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debtor

UK/ˈdɛt.ə/US/ˈdɛt.ɚ/
nounC1Rare in speech; mostly a word you read · #11,816 of 15,258neutral

Other forms: debtors

A debtor is a person or firm that owes money. A debtor nation, chase the debtors, debtor and creditor.

It is the exact counterpart of creditor and the pair runs through all of accounting: debtors owe you money and creditors are owed by you, which students reverse constantly. Debtors' prisons were abolished in Britain in the nineteenth century. Note the silent b, added to show the Latin, as in debt.

Definitions of debtor

  1. 1noundebtorA person or firm that owes money.C1

    “The bank sent a letter to every debtor who had missed a payment.”

debtor is a person who owes.

Where it comes from

Old French detour comes from Latin debitor, from debere, to owe. The b was restored later to show the Latin.

  1. Latin

    debitor

  2. Old French

    detour

  3. Middle English

    dettour

  4. English, today

    debtor

From Middle English dettour, from Old French detour, from Latin debitor, equivalent to debt + or. a doublet of debitor. Displaced native *sċola.

Etymology from Wiktionary, CC BY-SA

Practised in Business & Money

Practise this word

debtor in the wild

  • In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor.

    Bankruptcy

  • Scottish law differs from that of the rest of the UK, in that notification to the account debtor is required for the assignment to take place.

    Factoring (finance)

  • Paris Club (French: Club de Paris) is a group of major creditor countries aiming to provide a sustainable way to tackle debt problems in debtor countries.

    Paris Club

  • Paris club has reached 478 agreements with 102 debtor countries to date for approximately USD 600 bn rescheduled.

    Paris Club

  • A debtor or debitor is a legal entity (legal person) that owes a debt to another entity.

    Debtor

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From Wikipedia, CC BY-SA 4.0. These sentences were written by other people about their own subjects; they are here to show the word at work, not as anybody’s opinion.

Related words

the detour family

detourdebtor

debtor — used about once every 10,786 pages · #11,816 · point at the bar for the others

  • debt