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Bookmark or Share- DEBTOR | definition in the Cambridge English Dictionarydebtors [ plural ] UK ( US receivables) ACCOUNTING, FINANCE. the money that is owed to a company and that is shown in its accounts as an asset: When a client is issued with a bill, the amount on the bill should be entered as debtors in the firm's accounts. Compare.
- Debtor definition — AccountingToolsA debtor is an individual or entity that owes money to a creditor. The concept can apply to individual transactions, so that someone could be a debtor in regard to a specific supplier invoice, while being a creditor in relation to its own billings to customers.
- What Is a Debtor, and How Is It Different Than a Creditor? - InvestopediaDebtors are individuals or businesses that owe money, whether to banks or other individuals. Debtors are often called borrowers if the money owed is to a bank or financial institution, however,...
- Debtor - WikipediaA debtor or debitor is a legal entity (legal person) that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person. The counterparty is called a creditor.
- Debtor Definition & Meaning - Merriam-Webster1. : one guilty of neglect or violation of duty. 2. : one who owes a debt. Examples of debtor in a Sentence. The debtor agrees to pay the debt over a three-year period.
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