Exactor: meaning, definitions and examples

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exactor

 

[ɪɡˈzæktər ]

Definition

Context #1 | Noun

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

collector, debtor, demandant.

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

🇮🇳 पैसा वसूलने वाला

🇩🇪 Vollstrecker

🇮🇩 penagih

🇺🇦 виконавець

🇵🇱 egzekutor

🇯🇵 執行者

🇫🇷 exécuteur

🇪🇸 ejecutor

🇹🇷 icra memuru

🇰🇷 집행자

🇸🇦 منفذ

🇨🇿 vykonavatel

🇸🇰 vykonávateľ

🇨🇳 执行者

🇸🇮 izvrševalec

🇮🇸 framkvæmdara

🇰🇿 орындаушы

🇬🇪 სრულმოქმედი

🇦🇿 icraçı

🇲🇽 ejecutor