debtor

A person or business that owes money to someone else.

• The debtor owes us money.
• Several debtors have missed their monthly payments.
• The bank offered the debtor more time to repay the loan.

Opposites: creditor

Common phrases: debtor and creditor, a debtor company, insolvent debtor

Someone who must give, pay, or do something for another person because of an obligation.

• I am your debtor for this kindness.
• The agreement required the debtor to provide three days of service.
• She considered herself a debtor to those who had protected her family.

How to use it: a debtor to someone (He remained a debtor to everyone who had helped him.)

Similar words: obligor

Common phrases: debtor to someone, a debtor’s obligation