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debtor

Pronunciation: [ˈdɛb.tər]

Word

Learn how to use debtor in a sentence: 6 audio examples across 2 meanings.

Context: “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.

Example

The debtor promised to repay the loan by the end of the year.

Example

The debtor failed to make any payments this month.

Example

Who is the debtor in this loan agreement?

Context: “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.

Example

The debtor filed for bankruptcy to manage their debts legally.

Example

The debtor ignored the court's order to repay the debt.

Example

What happens if the debtor cannot pay their debts in court?

How to pronounce debtor

Pronunciation: [ˈdɛb.tər]

Listen and repeat as many times as you need.

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