debtor (B2)
noun
Pronunciation: /ˈdɛtər/
Definition
A person, company, or country that owes money to another.
Examples
The company struggled to collect payments from its largest debtor.
As a debtor, he was legally obligated to repay the loan by the agreed date.
The nation became a major debtor to international organizations after the economic crisis.
How to Use debtor
- debtor to (prepositional phrase)
- Owes money to a specific entity. — "He became a debtor to the bank after taking out a mortgage."
- debtor in possession (collocation)
- A legal term for a debtor who retains control of their assets during bankruptcy proceedings. — "Under Chapter 11, the company operated as a debtor in possession."
Synonyms of debtor
Words with a similar meaning to debtor:
Antonyms of debtor
Words with the opposite meaning to debtor:
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