debitor
Học thuậtThân thiện
Definition
- Noun:
- A person who owes money to a creditor; a debtor: A "debitor" is an individual or entity legally obligated to pay a sum of money or fulfill a duty to another party, known as the creditor.
Usage and Examples
- Noun:
- The bank identified him as the primary debitor on the loan agreement.
- As the debitor, she was responsible for the monthly payments.
Advanced Usage
- Legal and Financial Context: The term "debitor" is used formally in legal, financial, and accounting contexts to denote the party with a repayment obligation. It is synonymous with "debtor" but is less common in everyday modern English.
- The contract clearly outlined the rights of the creditor and the responsibilities of the debitor.
Variants and Related Words
- Debtor (n): The more common modern synonym for "debitor." Both words share the same definition.
- Obligor (n): A formal term for a person who is bound by a legal obligation, which can include a financial debt.
Synonyms
- Debtor: One who owes a debt.
- Borrower: One who receives something (typically money) with the promise of returning it.
- Mortgagor: A specific type of debitor who pledges property as security for a loan.
Antonyms
- Creditor: A person or institution to whom money is owed.
- Lender: One who gives a loan.
- Payee: One to whom money is paid or is to be paid.
Noun
- a person who owes a creditor; someone who has the obligation of paying a debt