From Longman Dictionary of Contemporary Englishdebtordebt‧or /ˈdetə $ -ər/ noun [countable] technicalOWEa person, group, or organization that owes moneyOPP creditorExamples from the Corpusdebtor• Debtor countries cannot develop to their fullpotential while continuing to pay off such massiveforeigndebts.• Usually, both creditors and debtors are excluded from the sale.• It makes it harder for debtors to make offers and to delayproceedings. 3.• Cade could provide for both the Crown and its debtorscredit and financialexpertise.• He made the point that most debtors will have to pay, and will respond positively when things improve.• The judicial system now had to protect creditors instead of debtors.• Secondly, the same principlesapply to a contract between the creditor and one of joint and severaldebtors.• Some of the debtors cannot afford to pay these high interestrates.• If a statutorydemand is served, the debtor has only a limitedperiod within which to apply to set it aside.• However, Mr Nawroze does warn young debtors to seekprofessionaladvice.• This is the day by which your debtor must return the replyform which is attached to the summons to the court.From Longman Business Dictionarydebtordebt‧or /ˈdetə-ər/ noun1[countable] a person, organization, or country that owes moneyPutting a debtor into jail means that he can’t earn money to pay his debts.The IMF is trying to restructure the debts and economies of debtor nations (=countries that owe money to others). →judgement debtor →sundry debtor2debtors [plural] British EnglishACCOUNTING money owed to a business by its customersSYNaccounts receivable AmECurrent assets are typically finished goods, work in progress, raw materials, cash and debtors.
