debtor
Noun
Meaning
One who owes a debt; one who is indebted; -- correlative to creditor.
Source: Webster's dictionarySynonyms
Antonyms
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Phrases with the word
Examples
A consumer proposal can only be made by a debtor with debts to a maximum of $250,000 (not including the mortgage on their principal residence).
A consumer proposal is a negotiated settlement between a debtor and their creditors.
A debtor in possession can acquire financing and loans on favorable terms by giving new lenders first priority on the business's earnings.
All powers of the board of directors, and the partners of the corporate debtor, will also cease to have effect.
By giving the lender the cloak as well the debtor was reduced to nakedness.
A person or debtor can declare himself or herself bankrupt by lodging a debtor's petition with the Official Receiver, which is the Australian Financial Security Authority (AFSA).