Debtor: meaning, definitions and examples
๐ธ
debtor
[ หdษtษr ]
financial
A person or institution that owes a sum of money.
Synonyms
Examples of usage
- The debtor failed to make the monthly payments on time.
- The company is struggling to collect outstanding debts from debtors.
- The debtor filed for bankruptcy to discharge their debts.
legal
A person who is legally required to do something, such as pay a debt or fulfill an obligation.
Synonyms
defaulter, indebted person, obligee
Examples of usage
- The court ordered the debtor to pay compensation to the plaintiff.
- The debtor was found in contempt for failing to comply with the court order.
Translations
Translations of the word "debtor" in other languages:
๐ต๐น devedor
๐ฎ๐ณ เคเคฃเฅ
๐ฉ๐ช Schuldner
๐ฎ๐ฉ debitor
๐บ๐ฆ ะฑะพัะถะฝะธะบ
๐ต๐ฑ dลuลผnik
๐ฏ๐ต ๅตๅ่ (ใใใใใ)
๐ซ๐ท dรฉbiteur
๐ช๐ธ deudor
๐น๐ท borรงlu
๐ฐ๐ท ์ฑ๋ฌด์ (chaemujja)
๐ธ๐ฆ ู ุฏูู
๐จ๐ฟ dluลพnรญk
๐ธ๐ฐ dlลพnรญk
๐จ๐ณ ๅบๅกไบบ (zhร iwรนrรฉn)
๐ธ๐ฎ dolลพnik
๐ฎ๐ธ skuldari
๐ฐ๐ฟ ะฑะพัััะบะตั
๐ฌ๐ช แแแแแแ
๐ฆ๐ฟ borclu
๐ฒ๐ฝ deudor
Word origin
The word 'debtor' originated from the Latin word 'debitor', which is derived from the verb 'debere' meaning 'to owe'. The concept of debt and obligation has been a fundamental part of human societies throughout history, with the term 'debtor' appearing in legal and financial contexts dating back to ancient civilizations. From medieval debtors' prisons to modern bankruptcy laws, the role of debtors has evolved over time, reflecting changes in economic and legal systems.
See also: debt, debtholder, debts, indebted, indebtedness.