WordNet-Online
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Definitions from the WebDebitorPart of Speech: NounSense 1:A debitor refers to a person or entity who owes money to another party. Usage:John is a debitor to his bank due to his mortgage. Companies often have multiple debitors who owe them outstanding payments. Related Products:Debt Management Personal Finance BooksPart of Speech: NounSense 2:In Roman law, a debitor refers to a person who is legally obligated to perform a payment or fulfill a contract. Usage:The debitor in this case failed to fulfill their contractual obligations. The court held the debitor liable for the damages caused by their breach of contract. Related Products:Roman Law Contract Law Books | ||||
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