debtor
Prononciation : [ˈdɛb.tər]
Mot
Contexte : « finance »
(noun) a person or organization that owes money to another person or organization. Imagine you borrow money from a bank or a friend, you become their debtor because you need to pay them back.
Exemple
The debtor promised to repay the loan by the end of the year.
Exemple
The debtor failed to make any payments this month.
Exemple
Who is the debtor in this loan agreement?
Contexte : « law »
(noun) a person or organization that is required to pay back a debt, specifically in a legal context. This means they have a legal responsibility to settle what they owe.
Exemple
The debtor filed for bankruptcy to manage their debts legally.
Exemple
The debtor ignored the court's order to repay the debt.
Exemple
What happens if the debtor cannot pay their debts in court?
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