Examples of debtor in a Sentence
The debtor agrees to pay the debt over a three-year period.
Recent Examples of debtor from the Web
Creditors have much more to lose from inflation than debtors do, while the independent contractors in Amazon’s warehouses have much more to gain from a 3 percent unemployment rate than Jeff Bezos does.
The real aim of the book becomes more apparent when Rodrik complains about the austerity that has been imposed on Greece by its debtors.
In December, a lawmaker, Mahmoud Sadeghi, released a document listing the Top 20 debtors who had failed to meet payment deadlines for Sarmayeh Bank, which is co-owned by a pension fund for teachers.
Several initiatives have been launched to cancel Haiti’s debt, but pressure to repay debtors initiated further borrowing, keeping Haiti in constant crushing debt.
One debtor included as property not only cabinets, desks and computers, but also spines, heads and other body parts.
The debtor in question: Donald Trump, the future president of the United States.
The judges have stopped some especially egregious practices since the lawsuit was filed, but the court was running what was essentially a debtors' prison, as the plaintiffs described it.
In many cases workers fear that debtors will take advantage of the seasonal hiatus to pack up and skip town.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'debtor.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of debtor
Financial Definition of DEBTOR
What It Is
A debtor is a person or entity legally required to provide a payment, service or other benefit to another person or entity (the obligee). Debtors are often also called borrowers or obligors in contracts.
How It Works
Companies that issue bonds are perhaps the most well-known debtors. They must provide their bondholders with set interest and principal payments on specified dates and in some cases must be willing to convert that debt into equity at specified ratios or repay the debt early if certain events occur.
However, a debtor also might be required to perform particular tasks or even refrain from performing certain actions. When a debtor fails to meet its obligations, the debtor is sometimes considered in default.
Why It Matters
Debtors are subject to contractual obligations. As such, if they do not fulfill their obligations, the creditors usually have the right to seek recourse in court. A significant amount of reputational damage can also occur when an entity, especially a public company, fails to meet its obligations. In some cases, even the speculation that a debtor might not fulfill its obligations can cause its stock price to go down and make it very difficult to obtain financing or other help later.
DEBTOR Defined for English Language Learners
DEBTOR Defined for Kids
Seen and Heard
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