Debtor
Meanings
- A person or firm that owes money; one in debt; one who owes a debt
Wikipedia Articles
- Debtor: 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
- Debtors' prison: A debtors' prison is a prison for people who are unable to pay debt. Until the mid-19th century, debtors' prisons (usually similar in form to locked workhouses)
- Bankruptcy: jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have