Simple Definition of debtor
: a person, organization, government, etc., that owes money
Full Definition of debtor
1 : one guilty of neglect or violation of duty
2 : one who owes a debt
Examples of debtor in a sentence
The debtor agrees to pay the debt over a three-year period.
First Known Use of debtor
DEBTOR Defined for Kids
Definition of debtor for Students
: a person who owes a debt
Additional Notes on debtor
The Bankruptcy Act of 1978 calls the person concerned in a bankruptcy case the “debtor” as opposed to the “bankrupt.”
Seen and Heard
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