Exactor: meaning, definitions and examples
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exactor
[ɪɡˈzæktər ]
Definition
financial term
An exactor is a person or entity that demands payment or collects debts, often used in a legal or financial context. This role can include the collection of taxes, debts, or other financial obligations. Exactors ensure that payments are made in accordance with agreed-upon terms or legal requirements.
Synonyms
Examples of usage
- The exactor arrived to collect the overdue payments.
- As an exactor, she was tasked with ensuring the company's finances remained in order.
- The exactor issued a notice for unpaid taxes.
Interesting Facts
Etymology
- The word 'exactor' comes from Latin 'exactor,' meaning 'one who demands or collects.'
- In Middle English, it was used to describe someone who enforced laws or taxes.
- It is related to the verb 'exact,' which means to demand and obtain something with authority.
Historical Context
- In feudal times, exactors were often seen as tax collectors, sometimes perceived negatively due to harsh enforcement.
- The role of an exactor has evolved, with modern implications often tied to finance and law.
- Historical records indicate that exactors played essential roles in maintaining order during times when written contracts were less common.
Pop Culture
- In movies, exactors sometimes appear as antagonists, representing oppressive figures demanding payment.
- Literary works that discuss themes of debt and collection often feature exactors as pivotal characters driving the plot.
- The concept is explored in various genres, from crime thrillers to comedies, emphasizing the tension surrounding financial obligations.
Legal Perspective
- In a modern legal context, exactors can include bailiffs or collection agencies enforcing payment of debts.
- Debtors' rights have been a topic of litigation, as exactors must follow strict regulations to avoid unlawful practices.
- The Fair Debt Collection Practices Act in the U.S. offers guidelines governing how exactors must conduct their business.
Psychological Aspect
- The role of an exactor can evoke feelings of anxiety in those owing debts, highlighting the psychological weight of financial obligation.
- Debtors may experience stress caused by the pressure from exactors, often impacting their mental health and relationships.
- Understanding the perspective of an exactor can illuminate the social dynamics of power, control, and fear surrounding finance.
Translations
Translations of the word "exactor" in other languages:
🇵🇹 cobrador
- executor
- agente de cobrança
🇮🇳 पैसा वसूलने वाला
🇩🇪 Vollstrecker
- Einzieher
- Vollstreckungsbeamter
🇮🇩 penagih
- pelaksana
- eksekutor
🇺🇦 виконавець
🇵🇱 egzekutor
- poborca
- windykator
🇯🇵 執行者
🇫🇷 exécuteur
🇪🇸 ejecutor
- recaudador
- cobrador
🇹🇷 icra memuru
- tahsilatçı
- icracı
🇰🇷 집행자
🇸🇦 منفذ
🇨🇿 vykonavatel
🇸🇰 vykonávateľ
🇨🇳 执行者
🇸🇮 izvrševalec
🇮🇸 framkvæmdara
🇰🇿 орындаушы
🇬🇪 სრულმოქმედი
🇦🇿 icraçı
🇲🇽 ejecutor